Episode Summary

Do central bankers have too much power? Paul Tucker, a former official at the Bank of England during the 2008 financial crisis and author of the new book 'Unelected Power,' explains to Kate and Luigi how technocratic hubris can imperil democracy.

Episode Notes

Do central bankers have too much power? Paul Tucker, a former official at the Bank of England during the 2008 financial crisis and author of the new book 'Unelected Power,' explains to Kate and Luigi how technocratic hubris can imperil democracy.

About the Show

Capitalism is the engine of prosperity. Capitalism sows the seeds of its own demise. Could both be right? Economists Luigi Zingales (University of Chicago) and Kate Waldock (Georgetown) share the sort of irreverent banter you’d hear between economists at a bar, if economists were capable of sarcasm and social enough to go out to bars.