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 RajanWe are taking a greater chance of having another crash at a time when the world is less capable of bearing the cost.
Raghuram RajanLet 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.
Raghuram Rajan