One future to bind them all? Modern central banking and the problem of governing polysemous futures

Details

Serval ID
serval:BIB_96E6B1F618F4
Type
Article: article from journal or magazin.
Collection
Publications
Institution
Title
One future to bind them all? Modern central banking and the problem of governing polysemous futures
Journal
British Journal of Politics and International Relations
Author(s)
Walter Timo
Publication state
Submitted to the publisher
Peer-reviewed
Oui
Language
english
Abstract
This article uses the case of modern central banking to conduct a theoretical investigation into the performative structure of processes of ‘governing through quantified futures’. Having evolved, since the 1980s, into a ‘performative art’ of managing (present) expectations to shape (future) inflation, contemporary monetary policy is an exemplar of the coalescence of quantification and futurisation that this special issue examines. I use its evolution (and crises) as a prism for de-scripting the temporal mechanics and performative structure of governing through the future. Drawing on insights from science studies, ANT and performativity theory, I analyse the scope, nature and functioning of CBs’ performative power to govern (through) the future. I use these theoretical reflexions on a (seemingly) strong case to unpack the surprisingly complex mechanics of performative agency involved in governing (through) the future, and to raise more general questions about the trade-off between governing (through) the future and managing uncertainty.
Create date
02/12/2022 13:56
Last modification date
03/12/2022 6:48
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