technocracy
Behind Populists’ Anti-Technocratic Fervor and Its Consequences for Liberal Democracy
Populist leaders like United States President Donald Trump are zealously challenging the authority of independent technocrats and judges. This backlash follows decades of steadily increasing delegation of policymaking authority to unelected experts, bureaucratic agencies, and the judiciary. In new research, Gabriele Gratton and Jacob Edenhofer argue that such backlash is a predictable development in political environments where majorities are unstable and new political coalitions frequently favor policies at odds with those crafted by social welfare-maximizing technocrats.
Should Central Banks Have Constraints During a Crisis? A Mini-Course With Paul Tucker (Part 1)
The Federal Reserve and the ECB have been taking unprecedented steps to react to the financial impact of Covid-19. To frame the debate around the...
The Road to Digital Serfdom? The Visible Hand of Surveillance Capitalism
Surveillance capitalism is not the capitalism of old, writes Harvard professor emerita Shoshana Zuboff in her new book The Age of Surveillance Capitalism.
Surveillance capitalism departs...
Paul Tucker on Unelected Power: A Technocrat against Technocracy
In a recent review of Paul Tucker’s new book Unelected Power (extracted here for ProMarket), Diane Coyle of the University of Manchester and the...
