In the News A central banker’s plea for less power
It is also, it turns out, a really important and timely book about the role and the limitations of what U.S. scholars generally call the administrative state, the seemingly inexorable expansion of which is at least partly to blame for recent populist uprisings in the U.S. and Europe. For the past couple of years, political scientist Philip Wallach, now at the center-right R Street Institute in Washington, has been trying to get people to pay attention to what he has called “the administrative state’s legitimacy crisis” (I wrote about this in 2016). Now he has an ally from across the Atlantic in Tucker.
