News and upcoming events
Thurs, Feb. 21. The Purpose and Future of the Corporation. Colin Mayer, University of Oxford. 11:45am-1pm, Fainsod.
What Green New Deal advocates can learn from the 2009 economic stimulus act. Joseph Aldy, The Conversation.
No More 'Truth Decay': It's time to stand up against anti-vaxxers. Scott Ratzan, MedPage Today
The Euro's first 20 Years. Jeffrey Frankel, Project Syndicate
Paul Tucker's book Unelected Power featured as an HKS Virtual Book Tour
Huawei and Europe's 5G Conundrum. Philippe Le Corre, The National Interest
Read the Center's Spring 2019 newsletter here (PDF)
After the financial crisis, countries around the world significantly expanded the objectives and powers of central banks. As central banks have acquired more powers, the trade-off between independence and accountability has become more complex and as a result, the pre-crisis academic consensus around central bank independence has broken down and popular discontent towards central banks is growing. Ed Balls, James Howat and Anna Stansbury have co-authored a working paper, Central Bank Independence Revisited: After the financial crisis, what should a model central bank look like?
Paul Tucker, M-RCBG research fellow and chair of the Systemic Risk Council, spoke on this topic at the Annual Robert Glauber Lecture on October 24, 2018: Reinforcing Financial Stability in a Crumbling International Order. Watch the video here.
"It is often said that the chair of the Federal Reserve is the second most important person in Washington. I'm not sure the statement is exactly right, but that it is plausible is, in a sense, remarkable. Why should the second most important person in Washington not be elected by the people or at least directly accountable to and subject to dismissal by elected officials?"
Lawrence H. Summers
Charles W. Eliot University Professor
Director, Mossavar-Rahmani Center for Business & Government
Related: Washington may bluster but cannot stifle the Chinese economy
New https://t.co/BjLFBynKD3 interview with Jeremy Stein is up! #Income, #inequality, #monetarypolicy and preventing the next #financialcrisis https://t.co/MdhLJpS6NM @harvard
M-RCBG senior fellow Scott Ratzan on standing up to anti-vaxxers @medpagetoday https://t.co/3KR9gpBaFm
Joseph Aldy on what #GreenNewDeal advocates can learn from the 2009 economic stimulus act @ConversationUS https://t.co/puHPdNFnbh
New https://t.co/BjLFBynKD3 interview with Jeremy Stein is up! #Income, #inequality, #monetarypolicy and preventing the next #financialcrisis https://t.co/MdhLJpS6NM @harvard
Joseph Aldy on what #GreenNewDeal advocates can learn from the 2009 economic stimulus act @ConversationUS https://t.co/puHPdNFnbh
M-RCBG senior fellow Scott Ratzan on standing up to anti-vaxxers @medpagetoday https://t.co/3KR9gpBaFm
New https://t.co/BjLFBynKD3 interview with Jeremy Stein is up! #Income, #inequality, #monetarypolicy and preventing the next #financialcrisis https://t.co/MdhLJpS6NM @harvard
M-RCBG senior fellow Scott Ratzan on standing up to anti-vaxxers @medpagetoday https://t.co/3KR9gpBaFm
Joseph Aldy on what #GreenNewDeal advocates can learn from the 2009 economic stimulus act @ConversationUS https://t.co/puHPdNFnbh
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