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Why the Federal Reserve Is More Politically Constrained Than You Think

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Manage episode 199664646 series 1368517
Innhold levert av USC Bedrosian Center. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av USC Bedrosian Center eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

We’ve been having a mistaken debate, or so it would seem based on the new book The Myth of Independence. The Federal Reserve, the nation’s central bank and most influential economic regulator, isn’t as independent as critics like Rand Paul and Bernie Sanders suggest. Congress created it, and Congress continues to shape it to the people’s will. This new perspective might just change your expectations about Fed policy and your appreciation for their delicate strategic work.

In this episode, Sarah Binder discusses the historical research that led to this new thesis and helps us appreciate the interplay between two of America’s most important political institutions.

Prof. Binder is a professor of political science at George Washington University and a senior fellow in governance studies at the Brookings Institution. She is co-author of the new book The Myth of Independence: How Congress Governs the Federal Reserve.

To listen to this episode of Our American Discourse, click the arrow in the player here. Or download it and subscribe through ApplePodcasts, Soundcloud, Google Play, Stitcher, or your favorite podcasting app – click the links or search “usc bedrosian.”

Follow us on Twitter!

@BedrosianCenter, @AnthonyWOrlando, @bindersab

For further reading, check out the showpage.

  continue reading

63 episoder

Artwork
iconDel
 
Manage episode 199664646 series 1368517
Innhold levert av USC Bedrosian Center. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av USC Bedrosian Center eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

We’ve been having a mistaken debate, or so it would seem based on the new book The Myth of Independence. The Federal Reserve, the nation’s central bank and most influential economic regulator, isn’t as independent as critics like Rand Paul and Bernie Sanders suggest. Congress created it, and Congress continues to shape it to the people’s will. This new perspective might just change your expectations about Fed policy and your appreciation for their delicate strategic work.

In this episode, Sarah Binder discusses the historical research that led to this new thesis and helps us appreciate the interplay between two of America’s most important political institutions.

Prof. Binder is a professor of political science at George Washington University and a senior fellow in governance studies at the Brookings Institution. She is co-author of the new book The Myth of Independence: How Congress Governs the Federal Reserve.

To listen to this episode of Our American Discourse, click the arrow in the player here. Or download it and subscribe through ApplePodcasts, Soundcloud, Google Play, Stitcher, or your favorite podcasting app – click the links or search “usc bedrosian.”

Follow us on Twitter!

@BedrosianCenter, @AnthonyWOrlando, @bindersab

For further reading, check out the showpage.

  continue reading

63 episoder

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