Worldwide Week at Harvard: Unelected Power: A Book Presentation and Discussion with Sir Paul Tucker

Pervasive reliance on technocratic government risks moving us all towards undemocratic liberalism, and a popular backlash. Among technocrats, few reach further than central bankers, who emerged from the financial crisis as a third great pillar of unelected power alongside the judiciary and the military. In his new book Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State, Paul Tucker outlines principles of delegation that can bring independent agencies into line with the deep political values of democracy, the rule of law, and constitutionalism.

Speaker: Sir Paul Tucker, Chair, The Systemic Risk Council; Senior Fellow, CES, Harvard University; Deputy Governor, The Bank of England (2009-2013).

Chair and Discussant: Lawrence H. Summers, Charles W. Eliot University Professor, Harvard University; President Emeritus, Harvard University.

Sponsor: European Economic Policy Forum.