Raghuram Rajan | Democracy, inclusion and prosperity5 min read . Updated: 30 Dec 2016, 09:13 AM IST
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?
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