Conversations with Tyler

Raghuram Rajan on Understanding Community

Mar 13, 2019

Raghuram Rajan, an esteemed academic and policymaker, shares insights from his book on the vital interaction between the state, markets, and communities. He discusses the pressing issue of empowering local communities while navigating global challenges. Rajan critiques the U.S. financial system's recovery, compares community dynamics between India and the U.S., and navigates India's unique food system. He emphasizes the importance of grassroots engagement in evolving capitalism and ponders the future of democracy and economic equality.

56:17

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Episode guests

Raghuram G. Rajan

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Episode notes

Intro

2min

Balancing Local Community Power and Governance

3min

Communities and Identities: A Cross-Cultural Exploration

18min

Exploring the Intricacies of India's Food System and Economic Challenges

2min

Monetary Policy and Corporate Dynamics

13min

Reflections on the 2008 Financial Crisis and Its Aftermath

14min

From Engineering to Economics: Influences and Collaborations

2min

Empowering Communities for Effective Capitalism

2min

Raghuram Rajan thinks a lot about how to empower individuals, both at the community and international level. In his new book, Rajan draws upon experience both as an academic and policymaker to break down how the three pillars of society — the state, markets, and communities — interact with each other, and argues that we’re currently balancing this complex relationship wrong.

How much has the U.S. actually fixed the financial system? Does India have the best food in the world? Why does China struggle to maintain a strong relationship with allies? Why are people trading close-knit communities for isolating cities? And what types of institutions are we missing in our social structure? Listen to Rajan’s thorough conversation with Tyler to dive into these questions and much more.

Read a full transcript enhanced with helpful links.

Recorded February 26th, 2019 Other ways to connect

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