Mar 18, 2013

Raghuram Rajan's Walk the Talk interviews

Raghuram Rajan's 2nd Walk the Talk interview (Jan 2011).

(Don't take growth for granted - only the paranoid survive - Beware of hubris and a sense of complacency.)

And here is the 1st Walk the Talk interview back in Feb 2006. It is a superbly insightful and fast paced. Curiously, the interview has been edited to exclude something that I wanted to quote. I'll do it anyways:

Mr Rajan: So, what you want is to strive for equality of access—to the market, to education, to capital. If you have got all that, then you have got the best ability to make use of the opportunity and they are linked. If I have access to a student loan, I can work my way through college.

Mr Gupta (interviewer): That's the better choice than reducing the fees in college.

Mr Rajan: Exactly. Because if I am paying through my nose for college, I don't sit outside drinking tea while the lecture is going on.

In 7 years nothing much has changed! Perhaps it won't for a long time.



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