Democratic Politics of Central Banking Working Group
As an economic institution, money straddles financial markets and technocratic expertise. As a political institution, it is the physical instantiation of our interdependence and our collective power, we all use it, desire it, and rely on it. The democratic politics of governing money consequently requires a careful disentangling of questions of legitimacy, power, and expertise that must itself combine empirical tools, legal institutions, and normative judgment. This research group fosters a conversation among a diverse set of scholars aimed at developing a frame of analysis that can cope with both the technical and the normative demands of collectively governing money.