Central banks can shape economic growth, affect income distribution, influence a country's foreign relations, and determine the extent of its democracy. While t

Banking on Reform examines the political determinants of recent reforms to monetary policy institutions in the industrial democracies. With these reforms, polit

Tucker presents guiding principles for ensuring that central bankers and other unelected policymakers remain stewards of the common good.

Since the start of the Global Financial Crisis in 2008, research on central banking has gained momentum due to unusual levels of central bank activism and uncon