Tag Archives: The Power and Independence of the Federal Reserve

The Case for the Federal Reserve Banks’ Constitutionality is Uneasy Indeed, part I: Is the Fed More Like the Girl Scouts or the Government?

by Peter Conti-Brown — Friday, Apr. 22, 2016

My many thanks again to Chris Walker, the Journal editors, and the many contributors for a very stimulating symposium on my book, The Power and Independence of the Federal Reserve. I wanted to write today (and, because these issues end up taking so much space to unpack, in a subsequent post as well) to push […]

Symposium Recap on Peter Conti-Brown’s The Power and Independence of the Federal Reserve

by Chris Walker — Thursday, Apr. 21, 2016@chris_j_walker

Earlier this month we hosted a terrific online symposium reviewing my co-blogger Peter Conti-Brown’s important new book The Power and Independence of the Federal Reserve, which was recently published by the Princeton University Press. The contributions to the symposium were diverse and thought-provoking. For ease of reference, I thought I’d include links to all of […]

The Call of the Siren and Federal Agency Independence: Independence from Whom?, by Anna Williams Shavers

by Guest Blogger — Monday, Apr. 11, 2016

When an independent agency is created, from whom does it gain independence – the President, Congress, or the people? Maybe the better question is whether it is really independent at all. One thing in particular that caught my eye is Peter Conti-Brown’s focus in Part III on the independence of the Federal Reserve Board (Fed) […]

Central Banks? Why?, by Janet Monteros

by Guest Blogger — Friday, Apr. 8, 2016

A sincere thank you to Peter Conti-Brown for his efforts to reach the public in his book The Power and Independence of the Federal Reserve. First, I begin by revealing that my practice is far removed geographically and figuratively from those who ponder the rationale for the power and independence of the Federal Reserve. My […]

Four Comments on Conti-Brown’s The Power and Independence of the Federal Reserve, by Marshall Breger

by Guest Blogger — Friday, Apr. 8, 2016

I join my fellow colleagues in praising Peter Conti-Brown’s The Power and Independence of the Federal Reserve. The book provides an insightful history of the Federal Reserve since its 1913 inception and is a powerful account of the extent to which “personnel is policy.” In particular, I note his nuanced understanding of “agency independence” as […]

The Fed (Like Soylent Green) Is Made of People, by Emily S. Bremer

by Guest Blogger — Wednesday, Apr. 6, 2016

My thanks to Chris Walker for organizing this symposium and inviting me to participate. It’s a pleasure to be involved and an honor to be among such an impressive line-up of scholars and experts. Like yesterday morning’s contributor, Sam Halabi, the Federal Reserve System is not my area of expertise, but I very much enjoyed […]

Conti-Brown’s “Independence” and Institutional Design: Lessons from and for the FDA, by Sam Halabi

by Guest Blogger — Tuesday, Apr. 5, 2016

Let me begin by echoing Daniel’s thanks to Chris, the Yale Journal on Regulation’s Notice and Comment team, and Peter for the opportunity to reach outside my scholarly comfort zone and hopefully play a useful role in illuminating the importance of Peter’s book not only for scholars of the Federal Reserve system but the legal […]

Maybe the Federal Reserve Banks Are Constitutional After All, by Daniel Hemel

by Daniel Hemel — Monday, Apr. 4, 2016

Thanks to Chris Walker for organizing this online symposium, to the editors of the Yale Journal on Regulation for hosting it on their site, and—most of all—to Peter Conti-Brown for writing a brilliant book. In this post, I’ll take issue with one of Peter’s conclusions—that “the [Federal] Reserve Banks are almost certainly unconstitutional” (p. 107)—but […]