Central Banking

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Les banques centrales servent-elles nos intérêts?

This content is not available in the selected language. La crise financière de 2007 a ébranlé notre confiance dans la capacité des banques centrales à remplir ce qui devrait être leur seul objectif légitime : servir l’intérêt public. Cet ouvrage présente une critique précise du rôle que jouent les banques centrales dans nos sociétés et offre […] Read more

Article

Les banques centrales et la justice sociale

Abstract This article puts forward two arguments calling for central banks to pay more attention to the distributive consequences of their policies. Appealing to the doctrine of double effect, we show that it is hard for central bankers do deny responsibility for the distributive consequences of their unconventional monetary policy. Furthermore, given that the hands […] Read more

Article

Quantifying Central Banks’ Scientization: Why and How to Do a Quantified Organizational History of Economics

Abstract A subset of research in the history of economics is organizational history – i.e., the study of the organizations producing, circulating and applying economic ideas. This article maintains that some research questions in organizational history call for quantitative methods because they ask about magnitudes. More precisely, we claim that quantitative methods should complement rather […] Read more

News

New Book : Do central banks serve the people?

Peter Dietsch, François Claveau, and Clément Fontan just signed a new book entitled Do central banks serve the people?, published with Polity. In the wake of the 2007 financial crisis, central banks injected trillions of dollars of liquidity – through quantitative easing – to prevent financial meltdown and stimulate the economy. The untold story behind these measures is that […] Read more