Nobel Prize-winning economist, Joseph Stiglitz, stated that central banks have too much financial power to remain as unelected bodies. Read the full speech to the Indian reserve bank on his website: A Revolution in Monetary Policy: Lessons in the Wake of the Global Financial Crisis, C.D. Deshmukh Memorial Lecture, Reserve Bank of India, Mumbai, January 3, 2012.
Other papers and speeches can also be viewed on this excellent official website.
The Central Bank Hub hosted by the Bank for International Settlements is another good starting point for tracing other speeches and papers.
Repec – research papers in economics; search for papers by Stieglitz and other award winning economists many in full text.
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