Unelected Power

The Quest for Legitimacy in Central Banking and the Regulatory State

Paul Tucker

Recommended By

Book Synopsis

"Unelected Power" by Paul Tucker provides a compelling analysis of the growing influence and authority of independent regulatory agencies in modern democracies. Tucker, a former deputy governor of the Bank of England, delves into the complex and often misunderstood realm of unelected power, examining the challenges it poses to democratic governance and the delicate balance that must be struck.

Tucker explores how unelected agencies, such as central banks and regulatory bodies, have been granted substantial control over economic and social policies, often surpassing that of elected officials. Drawing on his deep understanding of monetary policy and financial stability, he explains the rationale behind delegating certain powers to independent experts and how this can improve decision-making and policy outcomes.

However, Tucker also highlights the potential risks and drawbacks of unelected power, emphasizing the need for proper accountability, transparency, and limits on regulatory discretion. He argues for a reevaluation of the delegation of power and offers thought-provoking suggestions for making unelected agencies more accessible and accountable to democratic institutions and public scrutiny.

With a clear and engaging writing style, "Unelected Power" presents a thought-provoking examination of the mechanisms and implications of unelected agencies in shaping policy outcomes. This book is an invaluable resource for policymakers, scholars, and citizens interested in understanding the intricate relationship between democratic governance and the exercise of unelected power.

Explore More Books

See All
Livewired
The Complete Works of William Shakespeare
Raising Girls
Zen in the Art of Archery
The Inner Studio
Medieval Technology and Social Change
Thank You For Smoking
Jonathan Livingston Seagull
Savage News
Liberty Under Seige
The Breakthrough
Alpha Girls
The Great Escape
Solution Selling
The Great Transformation
The World
Oranges
Travels with Charley
That Used To Be Us
Powerful
The Unsettling of America
White Fragility
Active Inference
I, Robot
Outliers
Transmetropolitan
The House of Rothschild
Metaphors We Live By
The Secret of Fatima
The Power Broker
The Hour Between Dog and Wolf
Lean Solutions
Digital Gold
Zero to One
Long Walk to Freedom
No Filter
History and Geography of Human Genes
Meaningful Work
AI Superpowers
Howard Hughes
Free Women, Free Men
Second Foundation
Tenth of December
This Is Your Brain on Music
The Complete Calvin and Hobbes
The Back of the Napkin
Poor Numbers
Dominion
We Learn Nothing
Disruptor
Learning To Love Yourself
The Reasonableness of Christianity
The Works
Bull!
The Alchemy of Air
Hunger of Memory
Mind-Body Problem
The Pursuit of Wow!
The Strange Death Of Europe
Call Me Ted
The Middle Kingdoms
The Course of Love
The Future of Capitalism
Million Dollar Weekend
Lessons for the Living
The God That Failed
Walter Benjamin
Probability Theory
Pandaemonium
Watchmen
Finite and Infinite Games
Rick and Morty Book One
Your Dad Stole My Rake
Jack
When The Facts Change
The Prince
The Madness of Crowds
Me Talk Pretty One Day
Off The Record
The Harder You Work, The Luckier You Get
The Magic of Thinking Big
Success
The Emotion Code
How Nature Works
What's Our Problem?
A Cultural History of Physics
The Black Dahlia
The Essays of Warren Buffett
The Great Mental Models
Eating The Big Fish
Fate Is The Hunter
San Fransicko
Skunk Works
Letters To A Young Athlete
Capital Ideas
Nexus
The Utopia of Rules
The Columbian Exchange
The Graveyard Book
The Price We Pay