This paper argues that whatever the macro- and micro-outcomes of the current economic, financial and regulatory crises, the roles of central banks worldwide are changing fundamentally. These changes will not be uniform, and different models of central banking, especially with regard to strategic...

"Like a spreading disease, Europe's upheavals have transmogrified from mere upsets in the fields of twenty-first-century capitalism and economics into a larger and still more pernicious malady, infecting the continent's psyche and nervous system as well as the body. As a result, Europe faces the...

There has been a recent resurgence of interest in debates about the power of business (Culpepper 2011; Bell 2012) and Bell and Hindmoor (2013) make an important, theoretically informed, but empirically rooted, contribution to that debate. In this response, we address both aspects of their...