366. This Economist Predicted the Last Crisis. What’s the Next One?

Freakonomics Radio

• Episode: 366. This Economist Predicted the Last Crisis. What’s the Next One?
• Website: Freakonomics Radio
• Feed URL: http://feeds.feedburner.com/freakonomicsradio
• Duration: 00:49:08
• Published: 2019-02-07 05:00

In 2005, Raghuram Rajan said the financial system was at risk “of a catastrophic meltdown.” After stints at the I.M.F. and India’s central bank, he sees another potential crisis — and he offers a solution. Is it stronger governments? Freer markets? Rajan’s answer: neither.