Professor Raghuram Rajan of Finance at Chicago Booth GSB - "Washington and the Art of the Possible"

2011-08-04 www.project-syndicate.org

...In the meantime, US politicians might have done just about enough to convince debt markets that America’s credit is still good. For that, Americans – and others around the world – should stop pillorying them and give them their due credit.

Raghuram Rajan, a former chief economist of the IMF, is Professor of Finance at the University of Chicago’s Booth School of Business and author of Fault Lines: How Hidden Fractures Still Threaten the World Economy, the Financial Times Business Book of the Year.

(previously mentioned on DeansTalk: 5/2/2011, 15/2/2009)