Economist:Raghuram Rajan

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Raghuram Rajan

Biography

Indian economist, former Governor of the Reserve Bank of India and former Chief Economist of the IMF.

School of Thought

Financial Economics

Notable Quotes

On Human Capital in Age of AI

"The central problem of our time is how to restore opportunity for the many."[1]

On Network Effects and Platform Monopolies

"Technology creates a winner-take-all economy where a few firms dominate."[2]


References

  1. ↑ Raghuram Rajan, The Third Pillar (2019), p. 8, Penguin Press
  2. ↑ Raghuram Rajan, Financial Times Op-Ed (2020)

Additional Notable Quotes

On Deflation and Central Banking

"The first step in dealing with a crisis is recognizing it exists."[1]

On Wealth Inequality and Technology

"Communities have been the forgotten pillar of prosperity."[2]

On Digital Currency and Monetary Policy

"Central banks are becoming the only game in town, and that's dangerous."[3]

  1. ↑ Raghuram Rajan, Fault Lines (2010), p. 9, Princeton University Press
  2. ↑ Raghuram Rajan, The Third Pillar (2019), p. 366, Penguin Press
  3. ↑ Raghuram Rajan, Project Syndicate (2016), June 13, 2016, "The Dangers of Monetary Dependence"
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