The Myth of Independence

Bedrosian Bookclub Podcast

Content provided by USC Bedrosian Center. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by USC Bedrosian Center or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

6y ago 1:07:02

MP3•Episode home

Congressional historian Sarah Binder joins neighbor and investment manager, Mark Spindel in a look at the history of the relationship between the Federal Reserve and its legislative parent, Congress. The result is the Princeton University Press book The Myth of Independence: How Congress Governs the Federal Reserve.

Central to the book is the notion that the two institutions are interdependent rather than independent. The authors advocate that through legislation over the years, Congress has set up the Federal Reserve to bear the brunt of blame during times of financial crisis. This blend of political science, history, and economics was a hit for our panel. Why is it important to realize the relationship between Congress and the Fed is interdependent? What roles do transparency and accountability play in the relationship?

Host Jeffery Jenkins (@jaj7d) is joined by guests, Anthony Orlando (@AnthonyWOrlando ), Matthew Kahn (@mattkahn1966 ?), and Pamela Clouser McCann (bio here).

For links and more, check out the showpage.

101 episodes

#Society #Books #Bookclub #Citizenship #Culture #Law #Losangeles #Politics #Publicpolicy #Socialjustice #Technology #Urbanplanning #USC Bedrosian Center #Arts #Literature #Storytelling #City #Government #Read