Theme: Public Policy | Content Type: Book review

Review: Politicians and Economic Experts. The Limits of Technocracy, by Anna Killick

Simon Mohun


Number 10

| 0 mins read

In a complex world, technocrats argue that politicians of all persuasions require the input of economic expertise to formulate ‘responsible’ economic policy, defined as a long-term policy that is in the interests of all. In the UK, monetary policy and the associated level of interest rates is delegated to an ‘independent’ Bank of England, whose ‘responsible’ goal is the maintenance over time of price stability (a 2 per cent inflation target).

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    Simon Mohun

    Simon Mohun is professor of political economy at Queen Mary University of London.

    Articles by Simon Mohun