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Raghuram G. Rajan

Raghuram G. Rajan

Writing for PS since 2003
78 commentaries
1 videos & podcasts

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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  1. The Post-Inflation Economy That Could Be
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    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.

  2. Just Say No to “Friend-Shoring”
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    Just Say No to “Friend-Shoring”

    Jun 3, 2022 Raghuram G. Rajan explains why a popular new policy proposal by US President Joe Biden's administration should worry everyone.

  3. Regulating the Crypto Wild West
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    Regulating the Crypto Wild West

    Apr 22, 2022 Raghuram G. Rajan interviewed by Project Syndicate about how financial authorities can reduce digital-asset risk without smothering innovation.

  4. Economic Weapons of Mass Destruction
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    Economic Weapons of Mass Destruction

    Mar 17, 2022 Raghuram G. Rajan foresees a need for tighter controls governing the use of sweeping financial and trade sanctions.

  5. The End of Free-Lunch Economics
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    The End of Free-Lunch Economics

    Jan 31, 2022 Raghuram G. Rajan sees the long-ignored bill for overly indulgent economic policies starting to come due.

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  1. signe10_ISSOUF SANOGOAFP via Getty Images_africatextilemanufacturing Issouf Sanogo/AFP via Getty Images

    The Key to Unlocking Africa’s Economic Potential

    Landry Signé explains why fostering trade integration and regional value chains is essential for the continent to prosper.
  2. james196_Michael M. SantiagoGetty Images_unitednations Michael M. Santiago/Getty Images

    Geopolitical Davids and Goliaths

    Harold James considers lessons from smaller countries about how to wield power and influence in the twenty-first century.
  3. barroso10_MAMYRAELAFP via Getty Images_covax MAMYRAEL/AFP via Getty Images

    Preparing for the Next Global Catastrophe

    José Manuel Barroso explains why global leaders must focus on creating equitable response mechanisms ahead of the next crisis.
  4. bergamaschi2_ ALBERTO PIZZOLIAFP via Getty Images_heatwave italu ALBERTO PIZZOLI/AFP via Getty Images

    Italy’s Next Government Must Tackle Climate Security

    Luca Bergamaschi shows why the country’s politicians can no longer afford to ignore a major threat to national security.
  5. Tubiana13_Getty Images Getty Images

    Europe and the New Non-Alignment

    Laurence Tubiana

    Despite the massive civilian suffering in Ukraine, many countries have been wary of taking sides, owing both to a perception of European double standards and to Russia’s leverage over energy and commodity prices. But while new geopolitical dynamics have complicated climate advocacy, they certainly haven't derailed it.

    sees both challenges and opportunities for climate policy in an era of geopolitical fragmentation.
  6. cliffe7_ EDUARDO SOTERASAFP via Getty Images_drought eastern africa EDUARDO SOTERAS/AFP via Getty Images

    The Sting of Climate Risk Is in the Tails

    Mark Cliffe thinks conventional models have overemphasized the long term at the expense of more immediate threats.
  7. agar7_Getty Images_ai teacher Getty Images

    Should Humanities Professors Be Automated?

    Nicholas Agar considers the implications of recent successes with AI-generated academic research and writing.
  8. GettyImages-1242343947 SOPA Images / Contributor via Getty Images

    Should Energy Companies’ Windfall Profits Be Taxed?

    Imposing a one-off tax on energy companies’ extraordinary profits might seem like a no-brainer at a time of soaring inflation, but the idea has more than a few detractors. As policymakers in a growing number of economies move ahead, we asked PS commentators whether they are right to do so.

  9. solana145_Nathan PosnerAnadolu Agency via Getty Images_biden Nathan Posner/Anadolu Agency via Getty Images

    The Global Necessity of American Democracy

    Javier Solana shows why the political health of the United States has become a matter of global concern.

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