Book · 2019 · Business & Economics
The Third Pillar
How Markets and the State Leave the Community Behind
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Communities have been left behind often by technological change and globalization. And that the solution lies in restoring power to communities.
Stephen Dubner · Freakonomics Radio · Feb 2019 What they say about it
- Focus of the book“fragility of democracy”2
The best things said about it
He's publishing a new book called The Third Pillar, How Markets and the State Leave the Community Behind.
Stephen Dubner Freakonomics Radio · Feb 2019 The fragility of democracy is essentially the theme of Rajan's new book, The Third Pillar.
Stephen Dubner Freakonomics Radio · Feb 2019 The Third Pillar is an interesting book and an odd book. It's largely a work of economic history, even though Rajan isn't an economic historian.
Stephen Dubner Freakonomics Radio · Feb 2019 In some ways, your book is frightening and it describes the potential for really disaster. You, however, sound in this conversation and in some moments in the book to be quite hopeful.
Stephen Dubner Freakonomics Radio · Feb 2019 Where and when it comes up
Mentions per year
How it comes up
Why people recommend it
The Third Pillar by Raghuram Rajan is an economic history and sociological study exploring how the delicate balance between the state, markets, and communities has broken down over time. Stephen Dubner introduced the book on Freakonomics Radio, describing Rajan's thesis that the fragility of modern democracy stems from technological change and globalization leaving local communities behind. Dubner and Rajan discussed how populist movements emerge when the masses feel that ruling elites are corrupt and that the system requires fundamental overhaul. Although Dubner noted that the book outlines frightening scenarios of potential societal disaster, he highlighted that it ultimately maintains a hopeful outlook centered on restoring power to local communities. On The Jordan B. Peterson Podcast, Terrence Keeley also referenced the book, noting that its author, a University of Chicago finance professor, brilliantly examined the three primary pillars essential for societal well-being. Across these discussions, the speakers analyzed Rajan's unconventional blend of economics, politics, and history to understand modern economic discontent and the urgent need to rebuild neglected social structures.
Every mention
Stephen Dubner In the book, you write that, quote, a populist movement believes that ruling elite are corrupt and undemocr… 6
“And this month, he's publishing a new book called The Third Pillar, How Markets and the State Leave the Community Behind.”
“The fragility of democracy is essentially the theme of Rajan's new book, The Third Pillar.”
“The Third Pillar is an interesting book and an odd book. It's largely a work of economic history, even though Rajan isn't an economic historian.”
“In the book, you write that, quote, a populist movement believes that ruling elite are corrupt and undemocratic, that the masses have been treated poorly, and that the system ought to be changed”
“So you argued that communities have been left behind often by technological change and globalization. And that the solution lies in restoring power to communities.”
“In some ways, your book is frightening and it describes the potential for really disaster. You, however, sound in this conversation and in some moments in the book to be quite hopeful.”
Raghuram Rajan And to some extent, I think as you read outside your field, you learn what's been done elsewhere, you reali… 1
“And to some extent, I think as you read outside your field, you learn what's been done elsewhere, you realize there are many parts which are missing. I mean, look, to be fair to economists, they've expanded what they focus on so much.”
Terrence Keeley it was written by rag Rajan who's a professor of Finance at the University of Chicago and it's called the t… 1
“it was written by rag Rajan who's a professor of Finance at the University of Chicago and it's called the third pillar and what the thesis that R Rajan has”
