Raghuram RajanEvery podcast appearance, updated as new ones drop

In this Extra Slice of The Pie, guest host Ben Krause sits down with Raghuram Rajan, Katherine Dusak Miller Distinguished Service Professor of Finance at Chicago Booth, for a wide-ranging conversation on everything from what 25,000 CEO letters reveal about corporate America's shift from maximizing shareholder value to prioritizing customers and employees, to why communities matter as much as markets and the state, the political equilibrium that determines whether societies thrive or collapse, how inequality drove the 2008 financial crisis, and why AI could create catastrophic outcomes without better support for workers. Rajan reflects on his path from observing development gaps as a child to prescient warnings about financial crises, explains why modern firms are fundamentally about managing power struggles between stakeholders, and makes the case for "inclusive localism," or, empowering communities while keeping borders open to competition.

Jon Hartley and Raghuram Rajan discuss Raghu’s research, his policy career including his time as the Governor of the Reserve Bank of India and the Chief Economic Adviser to the Government of India under Prime Minister Manmohan Singh, India adopting inflation targeting during his tenure, Rajan predicting the 2008 financial crisis, and economic growth in India, the legacy of his book Saving Capitalism from the Capitalists among many other topics. Recorded on February 19, 2025. ABOUT THE SPEAKERS: Raghuram Rajan is the Katherine Dusak Miller Distinguished Service Professor of Finance at Chicago Booth. He was the 23rd Governor of the Reserve Bank of India between September 2013 and September 2016. Between 2003 and 2006, Dr. Rajan was the Chief Economist and Director of Research at the International Monetary Fund. Dr. Rajan’s research interests are in banking, corporate finance, and economic development. The books he has written include Breaking the Mold: Reimagining India's Economic Future with Rohit Lamba, The Third Pillar: How the State and Markets hold the Community Behind 2019 which was a finalist for the Financial Times Business Book of the Year prize and Fault Lines: How Hidden Fractures Still Threaten the World Economy , for which he was awarded the Financial Times prize for Business Book of the Year in 2010. Dr. Rajan is a member of the Group of Thirty. He was the President of the American Finance Association in 2011 and is a member of the American Academy of Arts and Sciences. In January 2003, the American Finance Association awarded Dr. Rajan the inaugural Fischer Black Prize for the best finance researcher under the age of 40. The other awards he has received include the Infosys Prize for the Economic Sciences in 2012, the Deutsche Bank Prize for Financial Economics in 2013, Euromoney Central Banker Governor of the Year 2014, and Banker Magazine (FT Group) Central Bank Governor of the Year 2016. Dr. Rajan is the Chairman of the Per Jacobsson Foundation, the senior economic advisor to BDT Capital, and a managing director at Andersen Tax. Jon Hartley is a policy fellow, the host of the Capitalism and Freedom in the 21st Century Podcast at the Hoover Institution and an economics PhD Candidate at Stanford University , where he specializes in finance, labor economics, and macroeconomics. He is also currently an Affiliated Scholar at the Mercatus Center , a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP) , and a Senior Fellow at the Macdonald-Laurier Institute . Jon is also a member of the Canadian Group of Economists , and serves as chair of the Economic Club of Miami . Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank , IMF , Committee on Capital Markets Regulation , US Congress Joint Economic Committee , the Federal Reserve Bank of New York , the Federal Reserve Bank of Chicago , and the Bank of Canada . Jon has also been a regular economics contributor for National Review Online , <a href='http://www.forbes.com/sites

Hello Big Brains listeners! Our podcast is coming up on an important milestone … our 100th episode! As part of the month-long celebration, we’re looking back at some of our favorite episodes—highlighting a different world-changing idea or discovery each week. This week, we look back at our episode with UChicago economist, Raghuram Rajan. He became infamous for predicting the 2008 financial collapse three years before it happened. Rajan says that there are three pillars in our society: the state, the markets and the community. In his new book, he traces the history of how the state and markets have grown, while the community has weakened. He says these pillars need to be brought back to an equilibrium in order to address many of the global issues we face today. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Federal Reserve is likely to hike interest rates in March due to high inflation and the strong labor market. But where did this inflation come from? Is it transitory or is it here to stay? Whom does it hurt the most and what should be done about it? To discuss this, we invited Chicago Booth professor and former IMF chief economist Raghuram Rajan, who – when he served as India’s central banker – was charged with fighting inflation himself. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Lowy Institute conversation with one of the world’s most respected economists, Professor Raghuram Rajan. In 2005, Professor Rajan presciently warned of the risks to financial stability that lay ahead. What are those risks today? What should we make of the dramatic shift in favour of fiscal activism in advanced economies? Is Big Tech helping or hindering innovation? What is the place of social institutions in the economy? And how can India emerge from its Covid-19 crisis? Raghuram Rajan is the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago’s Booth School. He was the 23rd Governor of the Reserve Bank of India from 2013 to 2016. From 2003 to 2006, he was chief economist of the International Monetary Fund. He is the author of several best-selling books, including Fault lines: How Hidden Fractures Still Threaten the World Economy and The Third Pillar: How Markets and the State Hold the Community Behind. See omnystudio.com/listener for privacy information.

Dr. Raghuram Rajan discusses the economic impact of COVID-19 and the associated policy responses in both the United States and developing countries. Dr. Rajan is a former head of the Reserve Bank of India –– which is India’s equivalent of the Federal Reserve –– and is now the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. Sidhant Wadhera (MPP ’21), for producing, co-interviewing, and editing Arjun Motta (MBA/MPP ’22), for co-interviewing

Raghuram Rajan is the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. Previously, he was the 23rd Governor of the Reserve Bank of India and the Chief Economist at the IMF. In this interview, hosted by Andrew Keen, Rajan calls capitalism today an uneven playing field that doesn't efficiently skill people to meet the needs of the economy. This leads to unequal access to good jobs and growing income inequality. As a result, democracy has at times turned against capitalism. But Rajan reminds us that capitalism works best when there is economic competition, while democracy works best when there is political competition. With this in mind, Keen and Rajan discuss how these two forces can work better together.

UChicago economist Raghuram Rajan became infamous for predicting the 2008 financial collapse three years before it happened. Rajan says that there are three pillars in our society: the state, the markets and the community. In his new book, he traces the history of how the state and markets have grown, while the community has weakened. He says these pillars need to be brought back to an equilibrium in order to address many of the global issues we face today. Subscribe to Big Brains on Apple Podcasts , Stitcher and Spotify . Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The development of every country is different because each country has a different set of resources, strengths, and weaknesses. Raghuram Rajan, one of Time Magazine’s 100 Most Influential People, goes in-depth on why community matters. As he dives into the three pillars of the most successful wealth-creating system, learn how Raghuram views entrepreneurship, intrapreneurship, and the individual development now and then. An author of three bestselling books, he gives his insight on the wealth gap and the rise of poverty, how communities see things differently and make a subsequent change, and the status of today’s central influence. Love the show? Subscribe, rate, review, and share! Join The Wealth Standard community today:

The world's biggest democracy heads to the polls. It's also expanding the world's largest biometric ID system to track 1.3 billion people. A man who recently ran the Reserve Bank of India, Raghuram Rajan, explains why. #RaghuramRajan Subscribe to the GZERO World with Ian Bremmer Podcast on Apple Podcasts , Spotify , or your preferred podcast platform, to receive new episodes as soon as they're published. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode, former chief economist of the IMF Raghuram Rajan talks with us about what's causing the erosion of communities across the developed world, what can be done about it, and much more. The post ‘The Third Pillar’: A conversation with Raghuram Rajan about markets, the state, and communities appeared first on American Enterprise Institute - AEI .