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Neglecting social issues not just myopic but dangerous: Raghuram Rajan

Updated : February 13, 2019 08:40 AM IST

Local community government acts as a shield against the policies of the federal government, thus protecting minorities against a possible tyranny of the majority
The economy is not based on just two struts - markets and governments - but instead on a neglected third: the local community
Neglecting social issues not just myopic but dangerous: Raghuram Rajan

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