Rochon, Louis-Philippe; Vallet, Guillaume - In: PSL quarterly review 75 (2022) 301, pp. 83-102
This paper sheds light on an overlooked issue in economics, namely the social responsibility of central banks in a … democracy. We consider central banks as institutions of power, and, as such, neither are they nor their policies neutral, in the … assertion. From this, we explain that the time is ripe to build a new framework for central banking aiming at improving central …