What happens to central banks under pressure?
Episode
25 min
Read time
2 min
Topics
Psychology & Behavior, Science & Discovery, Economics & Policy
AI-Generated Summary
What It Covers
Three researchers examine how political pressure on central banks worldwide leads to economic instability, inflation, and loss of credibility through detailed analysis of laws and behaviors.
Notable Moment
Lev Menand explains how his team discovered previous independence indexes gave credit for long central banker terms even when presidents could fire them at will.
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