This Economist Predicted the Last Crisis. What’s the Next One? (Ep. 366)

In 2005, Raghuram Rajan said the financial system was at risk “of a catastrophic meltdown.” After stints at the I.M.F. and India’s central bank, he sees another potential crisis — and he offers a solution. Is it stronger governments? Freer markets? Rajan’s answer: neither.

Not Your Grandmother’s I.M.F. (Ep. 312)

The International Monetary Fund has long been the “lender of last resort” for economies in crisis. Christine Lagarde, who runs the institution, would like to prevent those crises from ever happening. She tells us her plans.