Evidence receipt / belief
Published · transcript-backedRaghuram Rajan: belief
13 Mar 2019 Conversations with Tyler Raghuram Rajan on Understanding Community
“I think that’s what we have a big debate about — whether US corporations are, in fact, managed better than corporations in other countries.”
Source trail
Everything needed to verify it.
- Speaker
- Raghuram Rajan
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 13 Mar 2019
- Publisher
- Conversations with Tyler
Transcript context
…Oh, of course, but on average? Is it just that they’re managing larger firms with global reach, and the job is harder to do, and in essence, they deserve the money? My colleague, Steve Kaplan, would say that. I think he has some arguments in his favor. At the same time, you can point to corporations in other countries where the disparity in income — the guy at the bottom and the guy at the top — is not so great. Are they doing as well? I think that’s what we have a big debate about — whether US corporations are, in fact, managed better than corporations in other countries. Many years ago, you wrote an article with your colleague, Luigi Zingales, on the concept of power in industrial organization. Do you feel that piece explains anything worth seeing in the world today? Or what has come of that in your mind?…
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