Raghuram Rajan on Understanding Community - a podcast by Mercatus Center at George Mason University

Raghuram Rajan thinks a lot about how to empower individuals, both at the community and international level. In his new book, Rajan draws upon experience both as an academic and policymaker to break down how the three pillars of society — the state, markets, and communities — interact with each other, and argues that we’re currently balancing this complex relationship wrong. 

How much has the U.S. actually fixed the financial system? Does India have the best food in the world? Why does China struggle to maintain a strong relationship with allies? Why are people trading close-knit communities for isolating cities? And what types of institutions are we missing in our social structure? Listen to Rajan’s thorough conversation with Tyler to dive into these questions and much more.

Read a full transcript enhanced with helpful links.

Recorded February 26th, 2019

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