
Book notes: Unelected power by Paul Tucker

Paul Tucker, Unelected power: the quest for legitimacy in central banking and the regulatory rtate, Princeton University Press, 2018, 610 pages
Paul Tucker, former deputy governor of the Bank of England, has spent several years as a fellow at Harvard reflecting on, and researching, the growing use of independent agencies in advanced economies. His time has clearly been well spent, as he has produced this long and meaty book, which is all the better for not focusing simply – as too many