Raghuram Rajan Quotes

9 Sourced Quotes

Expectations are high. Clearly I am not a superman. There is a little bit of euphoria in India. I have a wife and two kids.

Raghuram Rajan
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
On the retail side, I particularly want to emphasize the use of the unique ID, Aadhaar, in building individual credit histories. This will be the foundation of a revolution in retail credit.

Raghuram Rajan
A 007 James Bond image is very dangerous for a central banker to have.

Raghuram Rajan
If you are an outsider looking at India, learn to filter out both the irrational exuberance and the excessive pessimism. We're subject to both. You will become manic-depressive if you follow our moods.

Raghuram Rajan
Indeed, if what you do offends me but does not harm me otherwise, there should be a very high bar for prohibiting your act. After all, any ban, and certainly any vigilante acts to enforce it, may offend you as much, or more, than the offence to me. Excessive political correctness stifles progress as much as excessive license and disrespect.

Raghuram Rajan
Promoters do not have a divine right to stay in charge regardless of how badly they mismanage an enterprise, nor do they have the right to use the banking system to recapitalize their failed ventures.

Raghuram Rajan
Not taking risks one doesn't understand is often the best form of risk management.

Raghuram Rajan
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