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Raghuram G. Rajan

Raghuram G. Rajan

Writing for PS since 2003
68 commentaries

Raghuram G. Rajan, former governor of the Reserve Bank of India, is Professor of Finance at the University of Chicago Booth School of Business and the author, most recently, of The Third Pillar: How Markets and the State Leave the Community Behind.

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  3. sachs336_XinhuaLi Xueren via Getty Images_xi jinping Xinhua/Li Xueren via Getty Images

    Why the US Should Pursue Cooperation with China

    Jeffrey D. Sachs

    Cooperation is not cowardice, as American conservatives repeatedly claim. Both the US and China have much to gain from it: peace, expanded markets, accelerated technological progress, the avoidance of a new arms race, progress against COVID-19, a robust global jobs recovery, and a shared effort against climate change. 

     urges the US president to look past the consensus view that long-term strategic competition is inevitable.
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  4. Dollar printer Getty Images

    America’s Stimulus Debate

    Many would regard the middle of a pandemic-induced economic crisis as the wrong time to sound the alarm about the potential dangers of profligate government spending. But as US President Joe Biden’s proposed $1.9 trillion economic rescue plan works its way through Congress, it is not only Republicans who are asking whether providing too much fiscal stimulus could be just as risky as delivering too little.

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