Leon Wansleben, "The Rise of Central Banks: State Power in Financial Capitalism" (Harvard UP, 2023)
While central banks have gained remarkable influence over the past fifty years, promising more stability, global finance has gone from crisis to crisis. How do we explain this development? Drawing on original sources ignored in previous research, The Rise of Central Banks: State Power in Financial Capitalism (Harvard University Press, 2023) offers a groundbreaking account of the origins and consequences of central banks' increasing clout over economic policy.
Many commentators argue that ideas drove change, indicating a shift in the 1970s from Keynesianism to monetarism, concerned with…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.