PRINCETON The Conservative Party contest to succeed Boris Johnson as prime minister of the United Kingdom has touched on a principal component of modern political economy: Central banks. Monetary policymakers, who in the 2010s could seemingly do no wrong, are increasingly under fire. All the old rhetoric about their illegitimate influence is returning to the fore.
Maybe I got it wrong, but was there not a Ryder Cup-type hostility about the final day of the recent US Senior Open at Saucan Valley Country Club in Pennsylvani.