1 rich Libsyn https://www.libsyn.com 90 600 Paul Tucker is a 33-year veteran of the Bank of England where he served as both a member and deputy governor of the Monetary Policy Committee.&amp;nbsp; Currently, Paul is a senior fellow at Harvard and a chair at the Systemic Risk Council. He has also recently authored a book, *Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State* and joins the show today to discuss talk about it. David and Paul also discuss central bank independence and justifications for the existence of a regulatory state as well as Paul’s “principles for delegation” criteria. &amp;nbsp; Transcript for the episode:&amp;nbsp;https://www.mercatus.org/bridge/podcasts/03252019/paul-tucker-central-bank-independence-and-unelected-power &amp;nbsp; Paul’s website: http://paultucker.me/ Paul’s Harvard University profile: https://ces.fas.harvard.edu/people/001970-paul-tucker &amp;nbsp; Related Links: &amp;nbsp; *Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State* by Paul Tucker https://press.princeton.edu/titles/11240.html &amp;nbsp; David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth Chapters:&amp;nbsp; 00:00:00-Intro 00:00:22-Skip Intro 01:02:26-Outro Macro Musings with David Beckworth http://macromarketmusings.blogspot.com/ <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/9126053/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/content/37976768