Book notes: The next age of uncertainty, by Stephen Poloz

Stephen Poloz, The next age of uncertainty: how the world can adapt to a riskier future, Allen Lane, February 2022, 304 pages

When they are appointed as governors, central bankers typically look to build on their predecessors’ records of price, monetary and economic stability in the expectation that the national economy will benefit from this environment, and that will typically show up in improved growth, distributional outcomes and living standards.

After one or two terms in the job, they