Where Has All the Liquidity Gone?
By Raghuram G. Rajan and Viral Acharya CHICAGO/NEW YORK – The malfunctioning of the government bond market in a
The Post-Inflation Economy That Could Be
By Raghuram G. Rajan CHICAGO – Economic commentaries nowadays are typically about inflation or recession, so let’s instead consider
The End of Free-Lunch Economics
By Raghuram G. Rajan Raghuram G. Rajan, former governor of the Reserve Bank of India, is Professor of Finance at the University of
Why Capitalism Needs Populism
By Raghuram G. Rajan CHICAGO – Big Business is under attack in the United States. Amazon canceled its planned new headquarters