Goodhart talks on central bank independence

UK - Professor Charles Goodhart a former member of the Bank of England's Monetary Policy Committee made a powerful argument for central bank independence in a talk at the London School of Economics yesterday, Thursday. A CentralBankNet correspondent was at the talk.

Professor Goodhart is firmly in favour of operational independence for central banks. He drew an important parallel between the evolution of the legal and judicial infrastructure and that of the monetary infrastructure, arguing th