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Inequality In America

Raghuram Rajan, former governor of the Reserve Bank of India and author of "The Third Pillar: How Markets And The State Leave The Community Behind"
Rajanish Kakade
/
AP
Raghuram Rajan, former governor of the Reserve Bank of India and author of "The Third Pillar: How Markets And The State Leave The Community Behind"

Technology has made globalization possible — it has brought the world closer together. But Raghuram Rajan, an economist at the University of Chicago's Booth School of Business, says it's also made inequality much worse in the U.S. Today on The Indicator, we talk inequality: How did we get here? What has the impact been? And how can we change the current situation?

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Stacey Vanek Smith is the co-host of NPR's The Indicator from Planet Money. She's also a correspondent for Planet Money, where she covers business and economics. In this role, Smith has followed economic stories down the muddy back roads of Oklahoma to buy 100 barrels of oil; she's traveled to Pune, India, to track down the man who pitched the country's dramatic currency devaluation to the prime minister; and she's spoken with a North Korean woman who made a small fortune smuggling artificial sweetener in from China.