Raghuram G. Rajan, Adekeye Adebajo, Nina L. Khrushcheva, and more for PS Read More

The Crisis of Democratic Capitalism, by Martin Wolf; How Prime Ministers Decide, by Neerja Chowdhary; and more The PS Say More Newsletter [PS Read More]( In this week's edition of PS Read More, we share recommendations from Raghuram G. Rajan, former governor of the Reserve Bank of India and Professor of Finance at the University of Chicago Booth School of Business. We also highlight PS Commentators’ Best Reads in 2023, featuring recommendations from Ivan Krastev, Michael R. Strain, Isabella M. Weber, and more. Raghuram G. Rajan Recommends... [The Crisis of Democratic Capitalism]( By Martin Wolf "This is a superb analysis of why democracy and capitalism go together – something I believe in very strongly. Wolf is, of course, the chief economic commentator at the Financial Times, and the book reflects many decades of astute observation and reflection." [How Prime Ministers Decide]( By Neerja Chowdhary "This is a fascinating take on Indian political history. By examining the major decisions of six Indian prime ministers, starting with Indira Gandhi, Chowdhary provides a kind of mini-tutorial on recent Indian history for the interested student." [Chip War: The Fight for the World's Most Critical Technology]( By Chris Miller "I enjoyed this book, which describes how complicated and sophisticated chip fabrication has become. It helps us understand why chip-related subsidies have become de rigueur in industrial policy – and why this deals a powerful blow to balanced budgets." Don't miss our recent Say More interview with Rajan, in which he says when the US Federal Reserve might start cutting rates, considers how to mitigate monetary-policy spillovers, proposes measures to boost financial stability, and more. [Read now](. [PS Global Bookmark: PS Commentators’ Best Reads in 2023]( [PS Commentators’ Best Reads in 2023]( with Daron Acemoglu, Qian Liu, Ngaire Woods, and more Another year of global turmoil and uncertainty has prompted a search for answers in books from both the past year and previous decades. But as one new primer on the limits of rationality shows, a world that makes sense may be more than we can hope for. [PS. Subscribe to PS Digital now and save 30% on your first year.]( [Facebook]( [Twitter]( [LinkedIn]( Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. This newsletter does not entitle the recipient to re-publish any of the content it contains. This newsletter is a service of [Project Syndicate](. [Change your newsletter preferences](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from all newsletters](.