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Rear Vision — How History Shaped Today

Central bank independence − a tradition under threat

Freitag, 20. Februar 2026 · 30 min

MP3

Shownotes

Since the 1970s central banks around the world have increasingly become “independent” of government. They’ve developed that way over time to ensure that monetary policy isn’t impacted by partisan political motives. But there are those who now seek to turn the clock back and to rein in that independence. The current US president is at the front of the pack.
Guests:
Cristina Bodea – Professor of political science, Michigan State University (polisci.msu.edu/people/directory/bodea-cristin…)John Hawkins – Head of the Canberra School of Government, University of Canberra (researchprofiles.canberra.edu.au/en/persons/jo…)Dr Isaac Gross
Isaac Gross - Senior lecturer in Economics, Monash University (Dr Isaac Gross)Links:
David Marr's Late Night Live interview with biographer RICHARD VAGUE about the US banker Thomas Willing (abc.net.au/listen/programs/latenightlive/richa…)

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