"What are almost never discussed are the consequences for society of determining who has the power to create money."
Dr Leah Downey is a political theorist, a junior research fellow at St. John’s College, Cambridge and a lecturer at Kings College London.
Her research looks at the relationship between democracy and macroeconomics. She has published research on the macroeconomics of the green transition, credit policy and macroeconomic stability and recently has focused on the interaction between legislatures and central banks. She is the author of Our Money: Monetary Policy as if Democracy Matters.
"What Leah points to in her work is that we infantalise legislatures by delegating the really important stuff to technocrats" — Mark Blyth, Brown University
