Hardback / bound
|
English
€49.95
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Description
Central banks are supposed to stabilize markets, yet decades of mounting central bank power have seen wave after wave of financial crisis. Leon Wansleben offers novel explanations for the rise of central banks and the problematic implications of their finance-dependent policies.
The Rise of Central Banks shines light on the agency of bureaucrats and calls upon society and elected leaders to direct these actors’ efforts toward more progressive goals.
A laudable undertaking…Wansleben is breaking new ground. He has something to offer that you do not find in mainstream economic literature.
The Rise of Central Banks is a smart, well-researched book about central banks and their prominent role in economic governance during the recent era of financialized capitalism. Wansleben does a fine job weaving together many events, episodes, and details into a coherent story. Audiences interested in the Fed, central banking, economic policy, and financialization will certainly want to read this book.
This is an impressive work that adds substantially to our scholarly understanding of modern central banks and why they have come to have such a dominant impact on our everyday lives.
Today’s economies are profoundly shaped by what central banks do, the decisions they take, and their blindspots. Wansleben’s superb book brings new depth, scholarship, and sophistication to the study of these hugely important organizations.
Ambitious and well-researched. Wansleben dissects the growing operational entanglements between monetarist governing techniques, the expansion of financial markets, and neoliberal economic policies in a world where central banks have become more powerful than ever. The outcome is a bloated financial sphere that is dangerously reliant on central banks’ actions to preserve its explosive power. A chilling, but incredibly important, account.
Leon Wansleben is Research Group Leader at the Max Planck Institute for the Study of Societies.
The Rise of Central Banks shines light on the agency of bureaucrats and calls upon society and elected leaders to direct these actors’ efforts toward more progressive goals.
A laudable undertaking…Wansleben is breaking new ground. He has something to offer that you do not find in mainstream economic literature.
The Rise of Central Banks is a smart, well-researched book about central banks and their prominent role in economic governance during the recent era of financialized capitalism. Wansleben does a fine job weaving together many events, episodes, and details into a coherent story. Audiences interested in the Fed, central banking, economic policy, and financialization will certainly want to read this book.
This is an impressive work that adds substantially to our scholarly understanding of modern central banks and why they have come to have such a dominant impact on our everyday lives.
Today’s economies are profoundly shaped by what central banks do, the decisions they take, and their blindspots. Wansleben’s superb book brings new depth, scholarship, and sophistication to the study of these hugely important organizations.
Ambitious and well-researched. Wansleben dissects the growing operational entanglements between monetarist governing techniques, the expansion of financial markets, and neoliberal economic policies in a world where central banks have become more powerful than ever. The outcome is a bloated financial sphere that is dangerously reliant on central banks’ actions to preserve its explosive power. A chilling, but incredibly important, account.
Leon Wansleben is Research Group Leader at the Max Planck Institute for the Study of Societies.