The business cycle effects of bank capital regulatory regimes are examined in a New Keynesian model with credit market imperfections and a cost channel of monetary policy. Key features of the model are that bank capital increases incentives for banks to monitor borrowers, thereby reducing the...

Democracy, domination, and the challenge of economic governance -- Managerialism and the new deal legacy -- The progressive critique of the market -- Economic domination and democratic action -- Structuring democratic agency -- Anti-domination as regulatory strategy -- Democratic agency as...