The Myth of Independence

Congressional historian Sarah Binder joins neighbor and investment manager, Matt Spindel in a look at the history of the relationship between the Federal Reserve and its legislative parent, Congress. The result is the Princeton University Press book The Myth of Independence: How Congress Governs the Federal Reserve.

To listen to the Bedrosian Book Club discussion of The Myth of Independence, click the arrow in the player on this post. Or you can download it and subscribe through ApplePodcastsSoundcloudGoogle PlayStitcher or your favorite podcasting app!

Who Has the Ear of Your Legislators and Why They Can’t Seem to Get Anything Done

We’re six months away from one of the most consequential midterm elections in modern history, and Americans are fed up with Congress. Politicians have gotten a bad rap throughout history, but today’s legislators are setting record lows in approval ratings and public trust. What gives? Why do they disappoint us so often? Are they really ignoring our needs and demands, or are we misunderstanding the challenges they face?

In this episode, Sarah Anderson shows that it’s a little of both: politicians don’t listen to all constituents equally, but they also can’t just snap their fingers and fulfill our wishes.

To listen to this episode of Our American Discourse, click the arrow in the player here. Or  download it and subscribe through ApplePodcastsSoundcloudGoogle Play,  Stitcher, or your favorite podcasting app – click the links or search “usc bedrosian.”

PIPE* Workshop: John Matsusaka, USC Marshall School of Business

The Power of Economic Interests Under Direct versus Representative Democracy The power of economic interest groups to influence policy outcomes is a common theme in economics and political science. Most theories posit that interest group power arises from the ability to influence elected or appointed government officials, that is, by exploiting the representative part of democracy.…

PIPE* Workshop: Thad Kousser, UC San Diego

Life, Literacy, and The Pursuit of Prosperity: Party Competition & Policy Outcomes in 50 States About the Talk: We examine whether strenuous party competition promotes economic development and improves social outcomes, drawing on evidence from the 50 American states over the last century. Our evidence includes data on party competition, state spending, and measures of health, education, and prosperity, drawn…

The AHCA’s MacArthur Amendment: Unusual politics, unusual policy

Blogpost on Brookings, included discussion of Pamela McCann’s book. By giving states the ability to opt-out of particular requirements established in federal law, we can think of the MacArthur Amendment as a specific example of what political scientists call delegation, or the decision by Congress to give some other actor the authority to make certain choices…