Markets versus Institutions

I had the opportunity to engage in a conversation with Nobel Laureate Robert Merton after he delivered the R H Patil Memorial Lecture as part of the Silver Jubilee celebrations of the National Stock Exchange last week. The video is available here, and a large part of the conversation is about whether financial markets can be trusted more than financial institutions particularly in the Indian context.

Posted at 10:48 am IST on Sun, 21 Oct 2018         permanent link

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