Raghuram Rajan | Democracy, inclusion and prosperity
Democracy and free markets thrive on competition. But whereas democracy treats individuals equally, free markets empowers them on their income
It is a truism that people everywhere want to live in a safe, prosperous country where they enjoy freedom of thought and action, and can exercise the democratic right to choose their government. But the world faces a disarming question in 2017 and the years ahead: how can we be sure that political freedom and economic prosperity go together?