Saturday, September 7, 2013

Cubiclenama | An open letter to Raghuram Rajan

....Third, it is always a good idea, at least in the beginning, to act as if RBI is functioning very nicely indeed and very little needs to be changed. Say things such as: “My job is to merely let this august institution continue to function in the august way this august institution has always functioned augustly.” Avoid saying things such as: “For too long RBI has been a haven of ineptitude and incompetence and I am going to change all that starting this very moment, oh dear,...............

No comments: