A Conversation with Professor Raghuram Rajan

Tuesday, March 12, 2019 at 8:00 AM until 10:00 AMGMT Standard Time

The University of Chicago Booth School of Business
Woolgate Exchange, 25 Basinghall Street
London, England EC2V 5HA
United Kingdom

The Third Pillar: How Markets and the State Leave the Community Behind

The Chicago Booth London campus is delighted to host the former Governor of the Reserve Bank of India and finance professor Raghuram Rajan - one of the most important economic thinkers of our time – to discuss the current populist backlash against globalisation and the release of his new book, The Third Pillar: How Markets and the State Leave the Community Behind.

Event Details

Raghuram Rajan, the Katherine Dusak Miller Distinguished Service Professor of Finance at Chicago Booth, has an unparalleled vantage point onto the social and economic consequences of globalisation and their ultimate effect on our politics. In The Third Pillar he offers a magnificent big-picture framework for understanding how these three forces – the state, markets, and our communities – interact, when things begin to break down, and how we can find our way back to a more secure and stable plane.

The "third pillar" is the community we live in. Economists all too often understand their field as the relationship between markets and the state, and they leave squishy social issues for other people. That's not just myopic, Rajan argues, it's dangerous. As he shows, throughout history technological phase shifts have ripped the market out of those old webs and led to violent backlashes, and to what we now call populism. Eventually, a new equilibrium is reached, but it can be ugly and messy, especially if done wrong.

Please join us as Professor Rajan offers a way to rethink the relationship between the market and civil society and argues for a return to strengthening and empowering local communities as an antidote to growing despair and unrest.

•    08:00am Registration
•    08:30am Event begins
•    09:30am Networking coffee

This event is free to attend, however seats are limited and registration is necessary.


Registration is no longer available because the registration deadline has passed.