Leaders all: Six men in the news
This has been Leadership Week. All it took for people to feel better about the economy was for a young, new governor of the Reserve Bank with impressive credentials to stand up, show he was in control, and outline a plan of action that made sense. The Rajan effect explains a good bit of the latest rally in stocks and the rupee. We can guess at the additional "Kennedy effect" - the cut of his suit, the width of the tie, the slight rebelliousness that people have detected in his hairstyle, and facial features that have apparently made some women go weak at the knees (a first for a governor).
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