Book Review: _Money and the Rule of Law: Generality and Predictability in Monetary Institutions_

Boettke, Salter, and Smith argue in _Money and the Rule of Law_ that the rule of law should be brought to bear on the Federal Reserve, to rein in the distortions and disruptions resulting from discretionary policy regimes. Beyond a discussion of the relationship between monetary policy and the rule of law, the book additionally serves as a concise, well-organized, and comprehensive detailing of the plethora of impediments faced not only by central bankers but central planners of all stripes.