The Yale Law Journal

Peter Conti-Brown


Technocratic Pragmatism, Bureaucratic Expertise, and the Federal Reserve

Peter Conti-Brown & David A. Wishnick

Congress has given the Federal Reserve broad statutory mandates over the U.S. economy. This Feature articulates a framework, “technocratic pragmatism,” to evaluate how the Fed should structure experiments at the boundaries of its authority to combat complex problems (e.g., global climate change) con…