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The Rise of the Rich? - Leon Wansleben, The Rise of Central Banks: State Power in Financial Capitalism (Cambridge, Harvard University Press, 2023, 353 p.)

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Leon Wansleben, The Rise of Central Banks: State Power in Financial Capitalism (Cambridge, Harvard University Press, 2023, 353 p.)

Published online by Cambridge University Press:  28 October 2024

Leah Downey Open the ORCID record for Leah Downey [Opens in a new window]
Leah Downey*
Affiliation:
St. John’s College, Cambridge Email: [email protected].
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Book Review
Information
European Journal of Sociology / Archives Européennes de Sociologie , Volume 65 , Issue 3 , December 2024 , pp. 490 - 494
Copyright
© The Author(s), 2024. Published by Cambridge University Press on behalf of Archives européennes de Sociologie/European Journal of Sociology

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References

1 For example, Christopher Adolph, 2013. Bankers, Bureaucrats, and Central Bank Politics: The Myth of Neutrality (Cambridge, Cambridge University Press,).

2 I.e. Christine Desan, 2015. Making Money: Coin, Currency, and the Coming of Capitalism, Reprint edition (Oxford, Oxford University Press).

3 For instance, Peter Dietsch, François Claveau and Clément Fontan, 2018. Do Central Banks Serve the People? (Newark, Polity Press).

4 See Lev Menand, 2022, The Fed Unbound: Central Banking in a Time of Crisis (New York, Columbia Global Reports).

5 And this is not the only contribution of the book. The other one that struck me most in the context of existing literature on monetary policymaking and the state is his insistence—completely correct—that bank regulation and monetary policy are impossible to separate. See in particular: 174.