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Raghuram Rajan Quotes


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Quotes by Raghuram Rajan

Showing 31-40 of 53 Quotes by Raghuram Rajan

The difficulty in a number of Western democracies is that the playing field is being tilted. For many in the middle class, prosperity seems unattainable because a good education - today's passport to riches - is unaffordable.

~Raghuram Rajan

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We should make sure that unscrupulous schools do not prey on uninformed students, leaving them with high debt and useless degrees.

~Raghuram Rajan

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Too many years away from academia renders you pretty incompetent at research and teaching. So I had to go back.

~Raghuram Rajan

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By killing transparency and competition, crony capitalism is harmful to free enterprise, opportunity, and economic growth. And by substituting special interests for the public interest, it is harmful to democratic expression.

~Raghuram Rajan

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How do we get more politicians to move from 'fixing' the system to reforming the system? The obvious answer is to either improve the quality of public services or reduce the public's dependence on them. Both approaches are necessary.

~Raghuram Rajan

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The problem with forbearance is that it always looks like a good thing to do until it stops working.

~Raghuram Rajan

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If economists were to wait for careful studies before offering opinions about policy, we would never have anything timely to say.

~Raghuram Rajan

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A monopoly is like running on firm ground. Nothing compels you to move, but if you do, you move forward. The faster you run, the more scenery you see - so you have some incentive to run fast.

~Raghuram Rajan

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Instead of abandoning competition and giving banks protected monopolies once again, the public would be better served by making it easier to close banks when they get into trouble. Instead of making banking boring, let us make it a normal industry, susceptible to destruction in the face of creativity.

~Raghuram Rajan

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The government will always tell you that it wants low inflation. The real issue is the horizon over which to bring inflation down.

~Raghuram Rajan

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Biography

Nationality: Indian

Type: Economist

Born: February 3rd, 1963

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