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Raghuram Rajan Quotes

Indian economist and academic, Birth: 3-2-1963
1.
Let us remember that postponement of tapering is only that-a postponementLet's not lose the chance, the warning that we have been given, because this is going to come back and what we need to do is put our house in order before.
Raghuram Rajan

2.
Capitalism's biggest political enemies are not the firebrand trade unionists spewing vitriol against the system but the executives in pin-striped suits extolling the virtues of competitive markets with every breath while attempting to extinguish them with every action.
Raghuram Rajan

3.
When you start cutting government expenditure, at some point you are cutting essential services rather than excessive services. So you have to take into account the social costs involved in cutting government spending.
Raghuram Rajan

4.
We have to be careful of not injecting more uncertainty than economy can handle
Raghuram Rajan

5.
We are taking a greater chance of having another crash at a time when the world is less capable of bearing the cost.
Raghuram Rajan

Similar Authors: Ludwig von Mises James Madison Edward Snowden John Kenneth Galbraith Milton Friedman David Hume Patrick Rothfuss John Stuart Mill Ludwig Wittgenstein Paul Ryan Kofi Annan Anne Sexton Brandon Sanderson Dan Brown Dallas Willard
6.
We have very stable, solid economy; we are going through challenging times.
Raghuram Rajan

7.
Our actions will be at measured pace given the current market turmoil.
Raghuram Rajan

8.
I think the willingness to listen is really a matter of confidence. You can't be so superconfident in your abilities that you ignore what others say, and you can't be so diffident in your abilities that you think that if they say something, you will be so taken in that you will do the wrong thing. When you are confident about your abilities and also fully aware of what you don't know you are willing to listen to outside experts with the full sense that if you don't find it worthwhile you will ignore it.
Raghuram Rajan

Quote Topics by Raghuram Rajan: Economy Cost Chance Taken World Pace Order Our Actions Be Careful Government Hints Historical Suits Powerful Political Listening Thinking House Currents Needs Handle Cutting Challenging Times Two Challenges Healthy Enemy Country
9.
For nearly two centuries, scholars and politicians have debated the future of capitalism. Its critics, most prominent among them Karl Marx, have seen capitalism as intrinsically unstable, full of contradictions that will lead eventually to its collapse. Its supporters see it as the best way to allocate resources and rewards. Some even hint that the democratic capitalistic society is not just a phase in the historical evolution of economic systems but its ultimate end.
Raghuram Rajan

10.
Because the free market system is so weak politically, the forms of capitalism that are experienced in many countries are very far from the ideal. They are a corrupted version, in which powerful interests prevent competition from playing its natural, healthy role.
Raghuram Rajan