3.1 The Central Banker's Bible

Season 3, Episode 1

The economic crisis response playbook was written in 1873 by Walter Bagehot, and central bankers have called upon the sacred text for the century and a half since. Who was Walter Bagehot and what does he prescribe central bankers do to stop bank runs and economic panics? This and a speedy 200 year history of central banking before Bagehot in Episode 1 of Season 3.

Go to www.centralverse.org for interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts.

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Transcript with full list of sources available here