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A theory of everything

This book hit the markets on the same day as the one by Urjit Patel, who was RBI governor at that time

Topics
Reserve Bank of India | Viral Acharya | Urjit Patel

M S Sriram 



The theme of Dr Acharya’s book is the role of the state and the markets with a sobering intervention of independent authorities
The theme of Dr Acharya’s book is the role of the state and the markets with a sobering intervention of independent authorities

There has been much visibility for former (RBI) deputy governor and his book. Now that the attention is ebbing, it is time to move away from the euphoria of looking at a book by someone who rebelled against the government in a famous speech (which sparred with then secretary, department of economic affairs Subhash Garg) and resigned a few months later, before completing his term. This book hit the markets on the same day as the one by Urjit Patel, who was RBI governor at that time. Dr Patel was specifically acknowledged for inspiring Dr Acharya to choose the topic of the speech. It is possible to examine the book by picking up that particular speech and then build the “Theory of everything” as presented by Dr Acharya.

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First Published: Tue, August 25 2020. 00:01 IST

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