The Third Pillar
In 'The Third Pillar', Raghuram Rajan explores the interplay between the economy, society, and politics, presenting a compelling argument for a balanced approach to governance. He introduces the concept of the 'third pillar'—the social fabric that binds communities together, often overlooked in the quest for economic growth. Through thought-provoking analysis, Rajan unveils the consequences of neglecting societal well-being and the risks of economic inequality. His insights challenge readers to rethink the relationship among markets, communities, and the state. This book is a crucial read for anyone interested in the sustainability of democracy and the future of global economies.
By Raghuram Rajan
Published: 2019
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