Banking between states and markets
Mehrsa Baradaran is a Professor of Law at UC Irvine. Her research situates the American banking system within a dense network of legal, historical, and political relationships.
At the Phenomenal World, we have been publishing pieces covering a wide-range of topics, many of which are common ground in this newsletter. Below, in no particular order, is a round-up of some recent work in case you missed it.
Debates over the political impacts of Central Bank Independence (CBI) reached their peak in the late 90s and early 2000s, due to rising inequality and the volatility of financial markets. Initiated with the 1977 Federal Reserve Act and Paul Volcker’s…