Reining in Technocracy to Increase Democratic Legitimacy
Reducing the power of technocrats will strengthen democratic legitimacy and political stability.
Sir Paul Tucker is the chair of the Systemic Risk Council and a research fellow at the Harvard Kennedy School. Previously, he was Deputy Governor at the Bank of England, sitting on its monetary policy, financial stability, and prudential policy committees.
Reducing the power of technocrats will strengthen democratic legitimacy and political stability.