Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State
by Paul Tucker
Paul Tucker explores the legitimacy of central banks and the regulatory state, two forms of unelected power with far-reaching effects on public life. The book considers how such institutions can exercise authority responsibly while maintaining accountability, trust, and a credible relationship with democratic governance.
About This Book
Unelected Power examines the challenge of legitimacy in institutions that exercise significant public authority without being directly elected.
Paul Tucker focuses on central banking and the regulatory state, placing their influence within broader questions of governance and accountability.
The book considers how unelected power can be structured and justified in a democratic society.
It offers a serious discussion of institutional design, public trust, and the responsibilities that accompany independent authority.
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