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    <title>Tolerance and Respect for Economic Progress (Convocation address by Dr. Raghuram Rajan, Governor, Reserve Bank of India at the IIT Delhi Convocation, October 31, 2015)</title>
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    <description>Protecting an open marketplace of ideas and the right to question is essential to foster innovation and sustained economic progress. Protection should extend to the procedural right to challenge and behave differently, while actions that physically harm individuals or materially exclude groups from participation should be prohibited. Mere offense without harm should face a very high threshold before bans or extra legal enforcement are invoked, because excessive prohibitions chill debate and impede productivity enhancing innovation.</description>
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