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Instead of abandoning competition and giving banks protected monopolies once again, the public would be better served by making it easier to close banks when they get into trouble. Instead of making banking boring, let us make it a normal industry, susceptible to destruction in the face of creativity.
Raghuram Rajan
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"Instead of abandoning competition and giving banks protected monopolies once again, the public would be better served by making it easier to close banks when they get into trouble. Instead of making banking boring, let us make it a normal industry, susceptible to destruction in the face of creativity."
— Raghuram Rajan #creativityarts

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Instead of abandoning competition and giving banks protected monopolies once again, the public…

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Instead of abandoning competition and giving banks protected monopolies once again, the public would be better served by making it easier to close banks when they get into trouble. Instead of making banking boring, let us make it a normal industry, susceptible to destruction in the face of creativity. — Raghuram Rajan

About Raghuram Rajan

Raghuram Rajan was a Economist from India (1963–present).

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Frequently Asked Questions

Who said "Instead of abandoning competition and giving banks protected monopolies once ag…"?
This quote is attributed to Raghuram Rajan, a Economist from India.
When did Raghuram Rajan live?
Raghuram Rajan lived from 1963 – present.
What is this quote about?
This quote touches on Creativity & Arts. Browse more quotes on these themes from the categories page.