High Signal Podcasts Evidence ledger
Method
Browse
How the evidence works
← All source episodes

Conversations with Tyler / episode intelligence

Raghuram Rajan on Understanding Community

13 Mar 2019 32 published claims 2 attributable people
Open original episode ↗ Read the evidence

Speakers in the public record

Raghuram RajanTyler Cowen

Claim mix

belief 17evaluation 7prediction 4recommendation 1observation 1commitment 1preference 1

Evidence policy

Every row below preserves an exact excerpt. Identified speakers are linked; unresolved voices are labeled and excluded from people counts.

Claim ledger

The useful parts, with receipts.

32 published records

03 / belief

The villages, by and large, are self-governing, have been self-governing for many, many decades. But I think what you really need is, over and above that, you need the funding that accumulates at the center, or the state level, to come down to the community level, so they can decide what kinds of irrigation projects, for example, that they need.

“The villages, by and large, are self-governing, have been self-governing for many, many decades. But I think what you really need is, over and above that, you need the funding that accumulates at the center, or the state level, to come down to the community level, so they can decide what kinds of irrigation projects, for example, that they need.”
Speaker
Raghuram Rajan
Publisher
Conversations with Tyler

04 / belief

Carter’s not a popular president in the United States, but the kind of introspection that he did in public, I think, was useful for the rest of the world to know that the United States was actually morally on the right path.

“Carter’s not a popular president in the United States, but the kind of introspection that he did in public, I think, was useful for the rest of the world to know that the United States was actually morally on the right path.”
Speaker
Raghuram Rajan
Publisher
Conversations with Tyler

05 / belief

I do think that increasing the notion of corporations as being a variety of fixed-claim holders and the shareholders of the residual claimants, which is what led Friedman to propose shareholder value maximization as a principle — I think that’s being challenged.

“I do think that increasing the notion of corporations as being a variety of fixed-claim holders and the shareholders of the residual claimants, which is what led Friedman to propose shareholder value maximization as a principle — I think that’s being challenged.”
Speaker
Raghuram Rajan
Publisher
Conversations with Tyler

10 / prediction

Once we reach middle income, to grow further, I think we need an intellectual openness, which only the kind of democracy we have — the open dialogue, a respectful dialogue — will generate the kinds of innovative forces that will take us more to the frontier.

“Once we reach middle income, to grow further, I think we need an intellectual openness, which only the kind of democracy we have — the open dialogue, a respectful dialogue — will generate the kinds of innovative forces that will take us more to the frontier.”
Speaker
Raghuram Rajan
Publisher
Conversations with Tyler

16 / belief

We have many of the same problems that we talk about in industrial countries — too few people educated at the levels that the economy needs. But that said, I would say there are very low-hanging fruit in India, which if we pluck, we can generate 9, 10 percent growth for the next 10, 15 years that would get us firmly into middle income.

“We have many of the same problems that we talk about in industrial countries — too few people educated at the levels that the economy needs. But that said, I would say there are very low-hanging fruit in India, which if we pluck, we can generate 9, 10 percent growth for the next 10, 15 years that would get us firmly into middle income.”
Speaker
Raghuram Rajan
Publisher
Conversations with Tyler

18 / commitment

I think we will have a combination of the guys who are truly good at software — the fintech companies — merging with banks who know how to do the financial side.

“I think we will have a combination of the guys who are truly good at software — the fintech companies — merging with banks who know how to do the financial side.”
Speaker
Raghuram Rajan
Publisher
Conversations with Tyler

20 / belief

I think you have to worry about that. We might, if the local communities’ abilities to enact sort of zoning laws were not tempered in some way by the other two pillars that I talk about in the book, the state and markets.

“I think you have to worry about that. We might, if the local communities’ abilities to enact sort of zoning laws were not tempered in some way by the other two pillars that I talk about in the book, the state and markets.”
Speaker
Raghuram Rajan
Publisher
Conversations with Tyler

22 / evaluation

I’m just saying that, for me, it’s a mystery how these concepts translate to the common person, whose expectations we care about, unless you think they don’t matter, and who we are communicating to are largely the union bosses, are largely the analysts on the street.

“I’m just saying that, for me, it’s a mystery how these concepts translate to the common person, whose expectations we care about, unless you think they don’t matter, and who we are communicating to are largely the union bosses, are largely the analysts on the street.”
Speaker
Raghuram Rajan
Publisher
Conversations with Tyler

23 / evaluation

What closes the bank is when the large guys — the guys who have 5, 10 million in the bank, who are monitoring the bank on a daily basis because they operate in the commercial paper markets, the hedge funds, the big mutual funds — they’re the guys who start taking the money out quickly, as soon as there is a whiff of trouble about the bank.

“What closes the bank is when the large guys — the guys who have 5, 10 million in the bank, who are monitoring the bank on a daily basis because they operate in the commercial paper markets, the hedge funds, the big mutual funds — they’re the guys who start taking the money out quickly, as soon as there is a whiff of trouble about the bank.”
Speaker
Raghuram Rajan
Publisher
Conversations with Tyler

24 / prediction

No, I believe very much that crony capitalism is really the danger for any economy because it not only constrains economic growth, but I also think it limits political freedom.

“No, I believe very much that crony capitalism is really the danger for any economy because it not only constrains economic growth, but I also think it limits political freedom.”
Speaker
Raghuram Rajan
Publisher
Conversations with Tyler

27 / evaluation

I would say that we’ve had a government over the last five years which has elements of the majoritarian, Hindu nationalist group in it. But I would argue the country, as a whole, is still firmly secular, liberal in the Nehruvian idea, which is that we need a country which is open to different religions, to different ethnicities, to different beliefs if we are to stay together.

“I would say that we’ve had a government over the last five years which has elements of the majoritarian, Hindu nationalist group in it. But I would argue the country, as a whole, is still firmly secular, liberal in the Nehruvian idea, which is that we need a country which is open to different religions, to different ethnicities, to different beliefs if we are to stay together.”
Speaker
Raghuram Rajan
Publisher
Conversations with Tyler

28 / preference

There are some people who prefer the anonymous existence of the city. And there are some people who come back from the city, back to the community because they like the sense of identity that it provides.

“There are some people who prefer the anonymous existence of the city. And there are some people who come back from the city, back to the community because they like the sense of identity that it provides.”
Speaker
Raghuram Rajan
Publisher
Conversations with Tyler

32 / evaluation

I think one of the things they’ve done very well is have pretty strong, in fact impenetrable, business regulation around — that’s not a recommended path, but what they’ve done is empowered the local government officials to essentially work with those regulations and open them up for local businesses.

“I think one of the things they’ve done very well is have pretty strong, in fact impenetrable, business regulation around — that’s not a recommended path, but what they’ve done is empowered the local government officials to essentially work with those regulations and open them up for local businesses.”
Speaker
Raghuram Rajan
Publisher
Conversations with Tyler
Search evidence