Top 30 Raghuram G Rajan Quotes
#1. A forced equalization of wages that disregards the marginal contributions of different workers will deaden incentives and lead to a misallocation of resources and effort.
Raghuram G. Rajan
#2. Nationalism, coupled with great faith in the power of the government to enact domestic bargains between labor and capital, has been seen before: it was called fascism then.
Raghuram G. 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 are taking a greater chance of having another crash at a time when the world is less capable of bearing the cost.
Raghuram Rajan
#5. An airplane stands for freedom, for joy, for the power to understand, and to demonstrate that understanding.
Richard Bach
#6. Politicians today vow, "Never again!" But they will naturally focus only on dealing with a few scapegoats, not just because the system is harder to change, but also because if politicians traced the fault lines, they would find a few running through themselves.
Raghuram G. Rajan
#7. Cynical as it may seem, easy credit has been used as a palliative throughout history by governments that are unable to address the deeper anxieties of the middle class directly.
Raghuram G. Rajan
#8. 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
#9. Our actions will be at measured pace given the current market turmoil.
Raghuram Rajan
#10. The eventual aim was to build a 4,000-acre high-tech park, called Alpha Technopolis, to rival Taiwan's famous Hsinchu Science-Based Industrial Park. The vision was grand, perhaps overly so.
Raghuram G. Rajan
#11. A book is almost always a collective effort, even if it has only a single author.
Raghuram G. Rajan
#12. And more than the quality of its institutions, what distinguishes a developed country from a developing one is the degree of consensus in its politics, and thus its ability to take actions to secure a better future despite short-term pain.
Raghuram G. Rajan
#14. I thought there might be some grand design I did not understand, but the government's policy clearly was not working, because India was still poor. I was determined to learn more, so I became interested in economics. This book is another unintended consequence of the government's policies.
Raghuram G. Rajan
#15. 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
#16. it is not because of the benevolence of the baker that we eat fresh bread every morning but because of his desire to make money.
Raghuram G. Rajan
#18. Apart from the added efficiency, the willingness to be ruthless helps innovation. Past experience and relationships are of little value in driving radical innovation: indeed,
Raghuram G. Rajan
#19. Stop the blame game; you can't win it! All fans of blame are defeated in every way ... Don't join them!
Israelmore Ayivor
#20. I'd decided that I was going to stop dressing like a princess and start dressing like a queen.
Kiera Cass
#21. We have very stable, solid economy; we are going through challenging times.
Raghuram Rajan
#22. When I write, I am not giving a lecture, I am speculating on behavior. Sometimes this is dangerous, but it should be. As I say often, theatre is a dark place and we should keep the light out of it.
Howard Barker
#23. We have to be careful of not injecting more uncertainty than economy can handle
Raghuram Rajan
#24. 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
#25. I'm eager to start my new life with her by my side.
She's my best friend.
My dream girl.
My soulmate.
J.L. Perry
#26. By focusing only on jobs and inflation - and, in effect, only on the former - the Fed behaved myopically, indeed politically.
Raghuram G. Rajan
#27. The picture of bankers slavering after bonuses soon after they had been rescued by government bailouts was not only outrageous but also pitiable - pitiable because they were clamoring for their primary measure of self-worth and status to be restored
Raghuram G. Rajan
#28. Charles Dickens left us fifteen novels, and in an ideal world, everyone would read all of them.
Robert Gottlieb
#29. Not taking risks one doesn't understand is often the best form of risk management.
Raghuram G. Rajan
#30. mind is a terrible thing to waste, and the United States is wasting too many of them.
Raghuram G. Rajan
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