Bankers, Bureaucrats, and Central Bank Politics
i i “bbc” — // — : — page v — i i Bankers, Bureaucrats, and Central Bank Politics THE MYTH OF NEUTRALITY ChristopherDo Adolph University of Washington,Not Seattle Distribute PE i i i i i i “bbc” — // — : — page vi — i i Cambridge, New York, Melbourne, Madrid, Cape Town, Singapore, São Paulo, Delhi, Mexico City Cambridge University Press Avenue of the Americas, New York, -, www.cambridge.org Information on this title: www.cambridge.org/9781107032613 © Christopher Adolph This publication is in copyright. Subject to statutory exception and to the provisions of relevant collective licensing agreements, no reproduction of any part may take place without the written permission of Cambridge University Press. First published Printed in the United States of America Grateful acknowledgement is made to the BBC, Antony Jay, and Jonathan Lynn for permission to reproduce selections from Yes Minister, © BBC , . A catalog record for this publication is available from the British Library. Library of Congress Cataloging in Publication data Adolph, Christopher, – Bankers, bureaucrats, and central bank politics : the myth of neutrality / Christopher Adolph. p. cm. – (Cambridge studies in comparative politics) Includes bibliographic references and index. ---- (hardback) . Monetary policy. Banks and banking, Central – Political aspects. Bureaucracy. I. Title. II. Series. ./ – dc ---- Hardback Cambridge University Press has no responsibility for the persistence or accuracy of s for external or third-party internet websites referred to in this publication, and does not guarantee that any content on such websites is, or will remain, accurate or appropriate. PE i i i i i i i “bbc” — // — : — page — i The Dilemma of Discretion If men were angels, no government would be necessary.
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