David Martin
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drpmartin.bsky.social
David Martin
@drpmartin.bsky.social
Research Associate at @eagletonpoll.bsky.social‬
Political Science PhD from @rutgersuniversity.bsky.social
Very excited to have an essay of mine on the history of central bank independence and its lessons for today published in Jacobin.
Donald Trump’s attacks on the Federal Reserve have been met with ardent defenses of central bank independence.

Yet the Fed has always been vulnerable to political pressure, something that the insistence on returning to a pre-Trump status quo elides.
Calls for Central Bank Independence Are Myopic
Donald Trump’s attacks on the Federal Reserve have been met with ardent defenses of central bank independence. Yet the Fed has always been vulnerable to political pressure, something that the insistence on returning to a pre-Trump status quo elides.
jacobin.com
November 14, 2025 at 1:32 AM
I broadly agree with Barry Eichengreen here on the negatives of the Genius Act, though there is a better historical comparison than the Free Banking era: the National Bank System founded during the Civil War.

www.nytimes.com/2025/06/17/o...
Opinion | The Genius Act Will Bring Economic Chaos
www.nytimes.com
June 26, 2025 at 8:14 PM