The Myth of Independence: How Congress Governs the Federal Reserve
Heard at Heritage24 Huhti 2018

The Myth of Independence: How Congress Governs the Federal Reserve

Born out of crisis a century ago, the Federal Reserve has become the most powerful macroeconomic policymaker and financial regulator in the world. In The Myth of Independence, Sarah Binder and Mark Spindel trace the Fed’s transformation from a weak, secretive, and decentralized institution in 1913 to a remarkably transparent central bank a century later. Offering a unique account of Congress’s role in steering this evolution, the authors explore the Fed’s past, present, and future and challenge the myth of its independence. Binder and Spindel argue that recurring cycles of crisis, blame, and reform propelled lawmakers to create and revamp the powers and governance of the Fed at numerous critical junctures. They pinpoint political and economic dynamics that have shaped interactions between the legislature and the Fed, and that have generated a far stronger central bank than anticipated at its founding. In retaining its unique federal style, the Fed dilutes the ability of lawmakers and the President to completely centralize control of monetary policy. In the ongoing wake of the financial crisis, partisan rivals in Congress seem poised to continue battling over the Fed’s statutory mandates and the powers given to achieve them.

Hosted on Acast. See acast.com/privacy for more information.

Jaksot(899)

Could Fusion Be the Next Big Energy Breakthrough with Jackie Siebens

Could Fusion Be the Next Big Energy Breakthrough with Jackie Siebens

The Power Hour is a weekly podcast that discusses the day’s most interesting energy and environmental  policy issues with top national experts.  This week Jack invites Jackie Siebens of Helion, one of...

27 Huhti 58min

What Are the Kids Thinking About Energy and Environmental Policy, Part 2 with Savanna, Laura, and Camilla (the interns)

What Are the Kids Thinking About Energy and Environmental Policy, Part 2 with Savanna, Laura, and Camilla (the interns)

The Power Hour is a weekly podcast that discusses the day’s most interesting energy and environmental policy issues with top national experts, or sometimes future top national experts.  In fact,  Jack...

20 Huhti 47min

What Are the Kids Thinking About Energy and Environmental Policy with Connon, Payton, and Grayson (the interns)

What Are the Kids Thinking About Energy and Environmental Policy with Connon, Payton, and Grayson (the interns)

The Power Hour is a weekly podcast that discusses the day’s most interesting energy and environmental policy issues with top national experts, or sometimes future top national experts.  In fact,  Jack...

13 Huhti 1h 1min

What Can We Do About Energy Prices with Tom Pyle, President, Institute for Energy Research

What Can We Do About Energy Prices with Tom Pyle, President, Institute for Energy Research

The Power Hour is a weekly podcast that discusses the day’s most interesting energy and environmental  policy issues with top national experts.  Jack invites Tom Pyle, President of the Institute for E...

6 Huhti 1h 6min

A Discussion About the Future of Nuclear Energy with Jarrett Blanc

A Discussion About the Future of Nuclear Energy with Jarrett Blanc

The Power Hour is a weekly podcast that discusses the day’s most interesting energy and environmental  policy issues with top national experts.  Jack sits down this week for a fascinating discission w...

30 Maalis 52min

Is Commercial Nuclear Cooperation with Saudi Arabia a Good Idea with Ted Jones

Is Commercial Nuclear Cooperation with Saudi Arabia a Good Idea with Ted Jones

The Power Hour is a weekly podcast that discusses the day’s most interesting energy and environmental  policy issues with top national experts.  With the conflict in the Middle East, is now really a g...

23 Maalis 50min

Gas, Oil, and Ethanol Policy with Derrick Morgan

Gas, Oil, and Ethanol Policy with Derrick Morgan

The Power Hour is a weekly podcast that discusses the day’s most interesting energy and environmental  policy issues with top national experts.  Join Jack today for a wide-ranging and topical discussi...

16 Maalis 52min

What Is Happening to Gun Rights in Virginia with William K. Kirk

What Is Happening to Gun Rights in Virginia with William K. Kirk

The Power Hour is a weekly podcast that discusses the day’s most interesting energy and environmental (and Second Amendment)policy issues with top national experts.  Join Jack today for something a li...

9 Maalis 54min

Suosittua kategoriassa Koulutus

rss-murhan-anatomia
psykopodiaa-podcast
voi-hyvin-meditaatiot-2
adhd-podi
rss-niinku-asia-on
rss-liian-kuuma-peruna
rss-rahamania
jari-sarasvuo-podcast
psykologia
rss-valo-minussa-2
rss-tietoinen-yhteys-podcast-2
kesken
rss-arkea-ja-aurinkoa-podcast-espanjasta
rss-narsisti
rss-vapaudu-voimaasi
rahapuhetta
filocast-filosofian-perusteet
ihminen-tavattavissa-tommy-hellsten-instituutti
kehossa
rss-psykalab