Benjamin Braun speaks with Sara Murawski and Rodrigo Fernandez about central banking, finance and power, in the second webinar of Crash Course series on monetary policy, central banks and ideology.
What does the post-2007 web of interdependencies between monetary authorities, systemic banks and other leading financial actors look like? Why is this important to understand the prospects for change?
Responses by central banks, particularly the Fed, after the Covid-19 crash were decisive and strong – and prevented a meltdown. What are the likely distributional effects of this rescue operation in the longer term? Where are the politics in all of this?
How does ideology play a role in the ability to imagine a different monetary system?
Benjamin Braun (PhD) is a Senior Researcher at the Max Planck Institute for the Study of Societies in Cologne and a member of the School of Social Science at the Institute for Advanced Study, Princeton (2019–2020). His research focuses on the comparative and international political economy of financial and monetary systems and has been published, among others, in Economy and Society, Review of International Political Economy, and Socio-Economic Review. He tweets at @BJMbraun.
About Crash Course Economics
Crash Course is a platform designed to open up debate on how we can move out of the current crisis and make the necessary steps towards achieving social, economic, ecological and regenerative justice.
Crash Course is inviting global experts to break down complex issues in lay terms and make them accessible to all so that we can understand how to shape our economic system for a just recovery and future.