
Raghuram G. Rajan
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 (Penguin, 2020).
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The Fed’s Role in the Bank Failures
The Fed’s Role in the Bank Failures
Mar 28, 2023 Raghuram G. Rajan & Viral V. Acharya show how the US central bank's liquidity policies created the conditions for runs on uninsured deposits.
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Will the Fed Overdo It?
Will the Fed Overdo It?
Jan 24, 2023 Raghuram G. Rajan considers the central bank's limited options as it navigates an increasingly perilous economic environment.
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Deglobalization Is a Climate Threat
Deglobalization Is a Climate Threat
Nov 18, 2022 Raghuram G. Rajan shows how a world of fragmentation and mutual suspicion will impede effective responses to global warming.
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Where Has All the Liquidity Gone?
Where Has All the Liquidity Gone?
Oct 7, 2022 Raghuram G. Rajan & Viral V. Acharya show that years of quantitative easing have left financial markets deeply dependent on easy money.
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The Post-Inflation Economy That Could Be
The Post-Inflation Economy That Could Be
Aug 2, 2022 Raghuram G. Rajan shows how international cooperation and increased trade in services could unleash a productivity revolution.