100 Quotes by Raghuram Rajan

We have to be careful of not injecting more uncertainty than economy can handle.

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.

Strong government doesn't mean simply military power or an efficient intelligence apparatus. Instead, it should mean effective, fair administration - in other words, 'good governance.'

Politicians know that structural reforms - to increase competition, foster innovation, and drive institutional change - are the way to tackle structural impediments to growth. But they know that while the pain from reform is immediate, gains are typically delayed and their beneficiaries uncertain.

I will say this: the central banks can actually support growth beyond a point. When there is no inflation, they can cut interest rates, and that is the way they support growth, but if you cut interest rate to the bone, there is nothing more to cut. It is very hard to support growth beyond that.

Uncertainty of any sort results in volatility, and Brexit will be no exception.

The first step to prescribing the right medicine is to recognize the cause of the illness. And, when it comes to what is ailing the global economy, extreme monetary easing has been more cause than cure. The sooner we recognize that, the stronger and more sustainable the global economic recovery will be.

The more that everyone has access to the same educational opportunities, the more society will tend to accept some receiving disproportionate rewards. After all, they themselves have a chance to be winners.

Too many years away from academia renders you pretty incompetent at research and teaching. So I had to go back.