Podcasts about Zingales

The public often imagines corporations as self-contained actors that provide a set of goods and services to consumers. Underpinning this image have been ideas of ownership, rights to capital and intellectual property, and corporate responsibility to stakeholders including consumers, workers, and shareholders. But what if almost everything we are told about the essence of the firm is wrong? So writes Sir John Kay, a British economist, corporate director, and longstanding fellow of St John's College (Oxford) in his new book, The Corporation in the 21st Century.The book revolves around contrasts between historical conceptions of corporations, capitalism, and contemporary practices. Kay writes, “A central thesis of [this] book is that business has evolved, but the language that is widely used to describe business has not.” In the 19th and 20th centuries, firms could be defined in terms of their control over material forms of productive capital (factories, steel foundries, railways, etc.) Socioeconomic critiques of capitalism, most prominently from Karl Marx, often centered on firms' control of the means of production. Kay contends that firms today access productive capital as a service. For example, Amazon does not own its warehouses but rents them from another firm. Kay writes that today's corporations and capitalism “[have] very little to do with ‘capital' and nothing whatsoever to do with any struggle between capitalists and workers to control the means of production.”Kay joins Luigi and Bethany to discuss the implications of this evolution in firms' relation to capital: Why is it important to capitalism that its biggest firms no longer own their means of production? Why does the language used to describe this matter? What do Apple's manufacturing facilities, Amazon's warehouses, and TikTok's algorithms tell us about our notions of business ownership? How have these changes to capitalism redefined the struggle between the owners of capital, managers, workers, and consumers? In the process, Kay, Luigi, and Bethany explore the failures of capitalism and imagine what could and should be the purpose of the 21st-century corporation.Show Notes:Read an excerpt from the book (published by Yale University Press) on ProMarketIn Bethany and Luigi's closing discussion of Kay's book, Luigi cites several articles he has published on the topic, which we have linked below for the listener's reference. In this past scholarship, Luigi studies how a firm and its operations often intertwine with other firms to form an ecosystem, and it is only through this ecosystem that value is created. Apple and Foxconn provide one example. Legally, they are distinct firms, yet Luigi contends they can be understood as elements of an ecosystem that creates value. Hence, it is sometimes productive to think beyond legal boundaries to consider how multiple firms may compose such a value-creating ecosystem in practice. Within the Apple/Foxconn ecosystem, Apple has a significant influence in dictating terms for Foxconn. Further, if Apple has such dominating power over its suppliers, then Apple could be said to have market power that raises antitrust concerns, which are less obvious if we take the legal boundaries of firms as the correct method of conceptualizing them.Zingales, L., 2000. In search of new foundations. The Journal of Finance, 55(4), pp.1623-1653.Rajan, R.G. and Zingales, L., 1998. Power in a Theory of the Firm. The Quarterly Journal of Economics, 113(2), pp.387-432.Rajan, R.G. and Zingales, L., 2001. The firm as a dedicated hierarchy: A theory of the origins and growth of firms. The Quarterly Journal of Economics, 116(3), pp.805-851.Zingales, L. (1998) Corporate Governance. In: Newman, P., Ed., The New Palgrave Dictionary of Economics and the Law, Palgrave Macmillan, London.Lancieri, F., Posner, E.A. and Zingales, L., 2023. The Political Economy of the Decline of Antitrust Enforcement in the United States. Antitrust Law Journal, 85(2), pp.441-519.

Today on Scope Conditions: college dorms shed light on where group culture comes from and how it molds us.At Harry Potter's alma mater, each new student is assigned to a House that aligns with their true character. The mystical Sorting Hat takes the courageous ones and sorts them into House Gryffindor, while the studious know-it-alls go to Ravenclaw. The Sorting Hat may be fiction, but it's actually a lot like life. Much of the social world works this way: whether by assignment or by self-selection, people often end up in social environments that already fit with their pre-existing beliefs and traits.For social scientists, what's often called homophily – this tendency for like to attract like – can make it difficult to study the impact of social context itself. Do people tend to believe and act like those around them because they're influenced by their surroundings, or because they're drawn to places that already fit their pre-existing characteristics?Our guest today, Dr. Joan Ricart-Huguet, found a real-world social setting that helps him untangle these possibilities. At East Africa's oldest institution of higher education, Makerere University in Uganda, incoming students have for decades been allocated to their residence halls by lottery, rather than by personality type. For Joan, Makerere's randomly assigned dorms have been the perfect laboratory for studying how the cultural characteristics of a social organization arise, endure, and shape people's beliefs and habits over time. Joan is an assistant professor of political science at Loyola University Maryland, and we talk with him about a pair of recent articles he wrote on cultural emergence, persistence, and transmission. Joan tells us about the months of in-depth interviews and immersive fieldwork he conducted on the Makerere campus as well as the natural experiment afforded by random residential assignment that allowed him to test alternative theories of cultural differentiation, reproduction, and impact.For example, Joan tells us the stories of how distinct hall cultures emerged historically at Makerere – how Livingston Hall came to be known as the residence of respectful gentlemen while Lumumba Hall earned a reputation for rowdy activism. And we learn about the short- and long-term causal effects of these distinct hall cultures on the young adults assigned by chance to live within them.Works cited in this episode:Geertz, C. 1973. The Interpretation of Cultures. Basic Books.Guiso, L., P. Sapienza, and L. Zingales. 2006. "Does Culture Affect Economic Outcomes?'" The Journal of Economic Perspectives 20(2): 23-48.Henrich, J. P. 2017. The Secret of Our Success: How Culture is Driving Human Evolution, Domesticating Our Species, and Making Us Smarter. Princeton University Press.Mead, M. 1956. New Lives for Old: Cultural Transformation – Manus, 1928-1953. William Morrow and Company.Paller, J. W. 2020. Democracy in Ghana: Everyday Politics in Urban Africa. Cambridge University Press.Ricart-Huguet, J. 2022. "Why Do Different Cultures Form and Persist? Learning from the Case of Makerere University." The Journal of Modern African Studies, 60(4): 429-456.Ricart-Huguet, J. and E. L. Paluck. 2023. "When the Sorting Hat Sorts Randomly: A Natural Experiment on Culture." Quarterly Journal of Political Science, 18(1): 39-73.Ross, M.H. 2000. “Culture and Identity in Comparative Political Analysis”. In Culture and Politics: A Reader, edited by Lane Crothers and Charles Lockhart. Palgrave Macmillan.Sewell Jr., W. H. 1999. “The Concept(s) of Culture”. In Beyond the Cultural Turn: New Directions in the Study of Society and Culture, edited by V. E. Bonnell and L. Hunt. University of California Press.

Em certos países, as empresas podem ser poderosas ao ponto de exercer fortes pressões sobre os governos. Outros existem em que aquelas chegam a condicionar as próprias eleições.Mas também existem nações nas quais é o Estado quem limita a atuação das empresas.Em Portugal, essa é uma das grandes queixas dos empresários.Poderá existir um equilíbrio?  O economista Hugo Figueiredo pensa que sim. Ajudado pela vontade de saber do Hugo van der Ding, vai facilitar a compreensão de uma série de conceitos e exemplos que ilustram a forma de actuar de diversos Estados, incluindo o nosso, sobre as Empresas, e a maneira como isso facilita ou condiciona a relação entre ambos. Mas os dois Hugos vão mais longe neste episódio, desbravando hipóteses de como a ligação estado-empresa poderia ser mais ágil e, acima de tudo, mais funcional. Uma boa dose de esperança, portanto, em cerca de 40 minutos.REFERÊNCIAS E LINKS ÚTEIS Reequilibrar a sociedade: privado, público e plural: Rebalancing Society Henry Mintzberg (2017, 7 de Dezembro). Please Welcome CSR 2.0.Luigi Zingales (2019, 21 de Junho). Dear Graduates, Here's What You Can Do To Change Capitalism for the Better. https://www.promarket.org/2019/06/21/dear-graduates-hereswhat-you-can-do-to-change-capitalism-for-the-better/Zingales, L. (2014). A capitalism for the people: Recapturing the lost genius of American prosperity. Basic books. Flexibilidade e Trabalho Digno:Governo da República Portuguesa (2023, 10 de Fevereiro). Agenda do Trabalho Digno – saiba tudo o que vai mudar.Ane Aranguiz (2022, 6 de Janeiro). Spain's Labour Reform: less transience, more balance.Centeno, M. (2016). O trabalho, uma visão de mercado. Fundação Francisco Manuel dos Santos.Centeno, M., & Novo, A. (2012). Excess worker turnover and fixed-term contracts: Causal evidence in a two-tier system. Labour Economics, 19(3), 320–328. Blanchard, O. J., Jaumotte, F., & Loungani, P. (2014). Labor market policies and IMF advice in advanced economies during the Great Recession. IZA Journal of Labor Policy, 3, 1-23. Manning, Alan. 2021, The Elusive Employment Effect of the Minimum Wage. Journal of Economic Perspectives, 35 (1): 3-26. BIOSHUGO VAN DER DINGHugo van der Ding é muitas personagens. Locutor, criativo e desenhador acidental. Uma espécie de cartunista de sucesso instantâneo a quem bastou uma caneta Bic, uma boa ideia e uma folha em branco. Criador de personagens digitais de sucesso como a Criada Malcriada e Cavaca a Presidenta, também autor de um dos podcasts mais ouvidos em Portugal, Vamos Todos Morrer, podemos encontrá-lo, ou melhor ouvi-lo, todas as manhãs na Antena 3 ou por detrás dos bonecos que nos surgem todos os dias por aqui e ali. HUGO FIGUEIREDOÉ professor de Economia na Universidade de Aveiro, investigador do CIPES - Centro de Investigação em Políticas do Ensino Superior e colaborador do GOVCOPP – Unidade de Investigação em Governança, Competitividade e Políticas Públicas. É licenciado em Economia pela Universidade do Porto e doutorado em Ciências Empresariais pela Universidade de Manchester. Os seus interesses de investigação centram-se nas áreas da economia do trabalho, da educação e do ensino superior.

Será que a produtividade depende em exclusivo dos trabalhadores?Será que temos de  trabalhar muitas horas para sermos produtivos?Será que o lucro é diretamente proporcional à produtividade?Ou será que a produtividade depende de muitos mais fatores e atores? O economista Hugo Figueiredo acha que sim e, em conjunto com o Hugo van der Ding, vai desmistificar estes e muitos outros mitos relacionados com o assunto. Eles vão falar, entre outros, da influência da gestão na produtividade, dos benefícios da criação de comunidades dentro das empresas (isso mesmo, comunidades e não pessoas de costas viradas), da importância da comunicação dentro das empresas e do papel do Estado. É verdade: a produtividade tem muito mais que se lhe diga e os mitos que tanto a têm definido não são argumentos para a falta dela. REFERÊNCIAS E LINKS ÚTEISLucros e Capitalismo:Friedman, M. (1970). A Friedman doctrine - The Social Responsibility of Business Is to Increase Its Profits. New York Times Magazine, 6. Business Roundtable Henry Mintzberg (2019, 16 de Novembro). Round and Round Goes the Business Roundtable.Wolf, M. (2020). There Is a Direct Line from Milton Friedman to Donald Trump's Assault on Democracy. Promarket. October, 4.Zingales, L. (2020). Friedman's legacy: From doctrine to theorem. Milton Friedman, 50, 128-35. Produtividade e Comunidades:Henry Mintzberg (2015, 26 de Março). Productive and Destructive Productivity.Henry Mintzberg (2018, 18 de Novembro). Communityship Beyond Leadership.Henry Mintzberg (2014, 19 de Setembro). Five Easy Steps to Destroying your Organisation.Mintzberg, H. (2009). Rebuilding companies as communities. In Harvard Business Review (Vol. 87, Issue 7).Mintzberg, H. (2019). Bedtime stories for managers: Farewell to lofty leadership... Welcome engaging management. Berrett-Koehler Publishers. BIOS HUGO VAN DER DINGHugo van der Ding é muitas personagens. Locutor, criativo e desenhador acidental. Uma espécie de cartunista de sucesso instantâneo a quem bastou uma caneta Bic, uma boa ideia e uma folha em branco. Criador de personagens digitais de sucesso como a Criada Malcriada e Cavaca a Presidenta, também autor de um dos podcasts mais ouvidos em Portugal, Vamos Todos Morrer, podemos encontrá-lo, ou melhor ouvi-lo, todas as manhãs na Antena 3 ou por detrás dos bonecos que nos surgem todos os dias por aqui e ali.HUGO FIGUEIREDOÉ professor de Economia na Universidade de Aveiro, investigador do CIPES - Centro de Investigação em Políticas do Ensino Superior e colaborador do GOVCOPP – Unidade de Investigação em Governança, Competitividade e Políticas Públicas. É licenciado em Economia pela Universidade do Porto e doutorado em Ciências Empresariais pela Universidade de Manchester. Os seus interesses de investigação centram-se nas áreas da economia do trabalho, da educação e do ensino superior 

Duane Zingale is a Marketing Connection Consultant and founder of the digital marketing group Legacy Catalyst. What you may not know is that Duane and his daughter Ariasha share a rare craniofacial disorder called Treacher Collins Syndrome, which affects the development of facial bones and tissue. For the Zingales, this condition results in hearing loss and the need for aids and prosthetics.Together with his wife Becky, Duane has made a side pivot to initiating meaningful conversations with kids about inclusion, acceptance, and friendship. They do this through the Zingales' Our Wonder Family social media presence, viral YouTube videos, and their children's book Wonderfully Different, Wonderfully Me - a story that belongs in every household, classroom, and clinic.Highlights:1:41 Our Wonder Family05:19 Different is a Good Thing08:30 Bullies13:31 Confidence and Personality21:20 Stories to Move Forward26:04 Treacher Collins Syndrome31:05 Join the Community 33:43 Embracing Individuality37:16 Amplifying Difference39:39 Risk and Passionhttps://www.duanezingale.comhttps://wonderfullymebooks.comhttps://wonderfullymebooks.com/coloringhttps://www.youtube.com/@OurWonderFamily

Luigi Zingales is the Robert C. McCormack Distinguished Service Professor of Entrepreneurship and Finance and the Charles M. Harper Faculty Fellow at the University of Chicago Booth School of Business. His research interests span from corporate governance and financial development to political economy and the economic effects of culture. He has published extensively in the major economics and financial journals. He also wrote two best-selling books: Saving Capitalism from the Capitalists (2003) with Raghu Rajan, and A Capitalism for the People (2012). In 2014 he served as President of the American Finance Association. In July 2015 he became the Director of the Stigler Center for the Study of the Economy and the State at the University of Chicago. Since January 2018, he has co-hosted the podcast Capitalisn't, which explores how capitalism can go wrong and what we can do to fix it. Born in Italy, Zingales carries with him a civic passion and the belief that economists should not just interpret the world, they should change it for the better. Commenting on his method of teaching on a few very important lessons rather than a myriad of details, Zingales says, “Twenty years from now they might have forgotten all the details of my course, but hopefully they will not have forgotten the way of thinking.” Zingales received a bachelor's degree in economics summa cum laude from Università Bocconi in Italy in 1987 and a PhD in economics from the Massachusetts Institute of Technology in 1992. Visit https://www.aib.world/frontline-ib/luigi-zingales/ for the original video interview.

Capitulo numero 50 de Negocios de Otro Planeta, hablamos sobre la conducta, la toma de decisiones, como afecta el numero de alternativas, el precio, el genero y como usar el efecto manada para atraer gente a nuestros negocios. Si quieren seguir reflexionando conmigo los invito todos los lunes a escucharme ;) Estudio sobre el numero de Seguro Social y disposición a pagar: Ariely, D., Lownstein, G, & George, D. (2003). Coherent arbitratiness: Stable demand curves without stable preferences. Quarerly journal of ecoomics, 118, 75:105. Estudio de los Golfistas: Beilock, S. L.. et al. (2001).Don’t miss! The debilitatin effecs of suppressive imagery on golf putting performance. Journal of Sport and Exercise Psychology, 23, 200-221 Estudio sobre el Precio: ckerman, J., Noccera, C., & Bargh, J. (2010). Incidential haptic sensations influence social judgments and decisions. Science, 328, 1712:1715 Estudio sobre las hormonas asociadas a invertir en la bolsa: Sapienza, P., Zingales, L., Maestripieri, D. (2009). Gender differences in financial risk aversion and career choices are affected by tes tosterone. Proc Natl Acad Sci USA, 106, 68:73.

Nicolo fala sobre a Lei Geral de Proteção de Dados Pessoais. Explica o que ocorre quando você é obrigado, a fornecer seus dados pessoais, como o CPF nas fármacias ao comprar medicamentos. E se é seguro fornecer esse tipo de informação.

Nesta edição do Isso é Bahia Entrevistas, temos o prazer de receber, Rodrigo Zingales - Diretor executivo da Associação Brasileira de Revendedores de Combustíveis Independentes e Livres.

Puntata SPECIALE !Una LONG di quelle memorabili, come dico nell'episodio, una puntata da condividere nelle scuole e far ascoltare a tutti quelli che lavorano in Italia nel settore dell'informatica.Francesco Zingales, direttore di www.LazioConnect.it associazione di imprese che mette a disposizione degli associati le competenze tecnologiche che non si hanno in casa.Non si arriva a creare un network cosi' grande senza una visione internazionale. Zingales torna in Italia dopo la Svezia e Parigi, e si sente tutto.Una puntata di grande interesse per aziende di ogni dimensione e anche per coloro che vogliono entrare ora in questo mercato.Parliamo di competenze, di rete, di pregi e difetti dell'Italia, ma sempre in modo costruttivo.Ancora un grazie speciale a Francesco Zingales e buon ascolto !

Bob explains some of the basic--but crucial--errors in the cost/benefit analyses that have been offered by economists to justify the political lockdowns issued in light of the coronavirus. Specifically, economists have conflated voluntary physical distancing with coerced lockdowns, and they are also misusing the concept of a Value of a Statistical Life (VSL). Mentioned in the Episode and Other Links of Interest: Some papers/articles on the Value of a Statistical Life (VSL) concept: column (https://www.nytimes.com/2020/05/28/opinion/coronavirus-economy-death.html) using VSL to justify lockdowns. David R. Henderson's critique of Zingales (https://www.econlib.org/the-vsl-quandary/) . Help support (http://bobmurphyshow.com/contribute)  the Bob Murphy Show. The audio production for this episode was provided by  Podsworth Media (http://podsworth.com/) .

University of Chicago economist Luigi Zingales often says that only an immigrant like himself can really appreciate American capitalism. In his native Italy, Zingales says what you know and what you do are far less important that who you know and what you do for them.  But in the last decade, Zingales says the United States has started to look more and more like the country he left. Now, he’s trying to save American capitalism from itself—and big businesses including Amazon, Facebook and Google. Subscribe to Big Brains on Apple Podcasts, Stitcher and Spotify.

Luigi Zingales, University of Chicago Booth School Finance Professor, says the global slowdown is going to continue until Germany delivers a major fiscal package, which is unlikely to happen any time soon. Rosalind Mathieson, Bloomberg International Government Executive Editor, says Prime Minister Johnson will crash out if he gets a no-deal Brexit. John Stoltzfus, Oppenheimer & Co. Chief Investment Strategist, thinks that the demand for equities is likely to increase. Andrew Hollenhorst, Citi Global Markets Chief U.S. Economist, details the current growth scare saying, “it's harder to attribute this growth scare to something transitory.” David Rubenstein, Carlyle Group Co-Founder & Host of Bloomberg's Peer to Peer Conversations, reflects on his conversation with Justice Ruth Bader Ginsberg who reiterated her belief in incremental justice.  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Luigi Zingales, University of Chicago Booth School Finance Professor, says the global slowdown is going to continue until Germany delivers a major fiscal package, which is unlikely to happen any time soon. Rosalind Mathieson, Bloomberg International Government Executive Editor, says Prime Minister Johnson will crash out if he gets a no-deal Brexit. John Stoltzfus, Oppenheimer & Co. Chief Investment Strategist, thinks that the demand for equities is likely to increase. Andrew Hollenhorst, Citi Global Markets Chief U.S. Economist, details the current growth scare saying, “it’s harder to attribute this growth scare to something transitory.” David Rubenstein, Carlyle Group Co-Founder & Host of Bloomberg's Peer to Peer Conversations, reflects on his conversation with Justice Ruth Bader Ginsberg who reiterated her belief in incremental justice. 

There’s an acronym you’ve probably heard in the news a lot lately: IPO. With companies like Pinterest, Airbnb and UBER all considering going public this year, Kate and Luigi break down why these companies already have huge valuations, and whether rich people have an unfair advantage when it comes to investing.

Last year Elizabeth Warren proposed the controversial Accountable Capitalism Act. One of its most talked about proposals was focused on "codetermination." Kate & Luigi explain how it works, its effectiveness and examine one country that's been trying it out since the 1950s.

In the wake of a blocked merger between the German and French rail giants Siemens and Alstom, Kate & Luigi debate the role of global antitrust regulators. How do they protect consumers while also helping domestic companies compete with state-supported rivals from China?

Booth Professor Luigi Zingales has invited Steve Bannon to take part in a debate on globalization and immigration at UChicago. In this Maroon Weekly special report, we chat with Samantha Eyler-Driscoll, who works with Zingales at Booth’s Stigler Center. Eyler-Driscoll has been outspoken in her opposition to Zingales’s invitation.Hosts: Austin Christhilf, Miles Burton Editor: Grace Hauck Featuring: Pete Grieve, Grace Hauck, Samantha Eyler-Driscoll Music: Aaron Cendan

Student government and members of the UChicago community participated in a "town hall" with Professor Luigi Zingales Monday night to discuss his recent invitation to Steve Bannon.Check out the raw audio here.

Are millennials giving up on capitalism? A recent survey found a majority now prefer socialism. Luigi gets the scoop from our resident millennial, Kate, who says most simply want European-style social welfare, student-loan debt relief and campaign finance reform. Is that really so radical?

In our second episode on pollution, investigative journalist Carey Gillam joins Kate and Luigi to discuss her new book "Whitewash: The Story of a Weed Killer, Cancer, and the Corruption of Science." Gillam reveals how pesticide companies secretly influence scientific research and avoid EPA regulations.

Luigi Zingales, Robert C. McCormack Distinguished Professor of Entrepreneurship and Finance at the Booth School of Business, delivered this lunchtime presentation on February 4, 2019 to members of Catholics at Booth and other Booth students. To view photos of Zingales' lecture visit https://www.facebook.com/pg/lumenchristiinstitute/photos/?tab=album&album_id=2710856538944484.

In the first of a two-part series on pollution, Kate and Luigi discuss the health hazards and economic costs of air pollution and contaminated drinking water from the toxic chemical PFOA (C8) found in Teflon. How did DuPont skirt regulation and avoid corporate responsibility for so long?

As Sen. Elizabeth Warren (D-Mass) jumps into the 2020 Presidential race, Kate and Luigi examine her legislative record and economic policy proposals, including several bold ideas to reform American capitalism.

Pulitzer Prize-winning journalist Steven Pearlstein drops by to talk with Kate & Luigi about the incredible shrinking newspaper -- especially the business section -- and why that's bad for the economy. His new book "Can American Capitalism Survive?" argues that the mantra of “maximizing shareholder value” ultimately caused Americans to lose faith in the free market.

Fahmi Quadir thinks short sellers get a bad rap. Known as the "financial assassin" for helping expose fraud and misconduct at Valeant, she tells Luigi that Tesla might be next. But Kate isn't convinced -- she thinks journalists and regulators are the real heroes.

In the second of a two-part look at global inequality Kate & Luigi talk about the downside of globalization. A listener's email sparks a conversation about what's driving the growing wage gap within the U.S. We survey the latest research on the lingering effects of the 'China Shock' and debate how to reverse the trend before the people revolt.

In the first of a two-part look at global inequality Kate & Luigi talk about the upside of globalization -- a decrease in income inequality between countries over the last few decades. How much of this can be attributed to China, and what was the secret to their success?

In Episode #351, Professor Luigi Zingales discusses Capitalism and the economic system—what works, what doesn’t work, and what can be done to fix the parts that are broken. Zingales focuses on the problems with capitalism, such as the concentration of market power and where distortions occur that benefit the few—not the many. In addition, Zingales proposes a unique alternative to the public company model of maximizing shareholder wealth and recommends companies instead  "maximize shareholder welfare” to focus on what investors care about—not just profits and market value—but also the environment, governance, and society. 

Yascha Mounk talks with Kate & Luigi about his new book "The People Vs. Democracy: Why Our Freedom Is in Danger and How to Save It." Recorded in front of a live audience, the conversation touches on recent populist uprisings and the extent to which they threaten liberal democracy.

Populism strikes again as the world's 4th largest democracy is set to elect controversial right-wing politician Jair Bolsonaro as its next leader. Writer and lawyer Glenn Greenwald (now living in Brazil) tells Kate & Luigi how rampant corruption, violent crime and a struggling economy have given rise to yet another populist movement.

In our third and final episode on the 2008 financial crisis, Kate & Luigi look at recent volatility in the markets and try to predict the cause of the next financial crash with help from prominent economists Robert Shiller and Lawrence Summers.

The second in a 3-part series on the 2008 financial crisis. In the weeks after the crash Luigi remembers petitioning the government for a better bank bailout. Looking back, he and Kate review everything from TARP to Dodd-Frank to see how we averted a worse recession. But did some CEOs get away with fraud?

The first in a 3-part series on the 2008 financial crisis. Kate tells Luigi about being an intern at Lehman Brothers when it collapsed and then we debate the causes including subprime mortgages, investor fraud and an ill-advised speech from former President George W. Bush.

Economists experience their first major #MeToo moment. Kate and Luigi explore the larger implications of a recent case involving a Columbia University professor who was found liable for retaliation against a female junior faculty member.

Our third and final episode on antitrust law looks at the E.U.'s recent $5 billion fine against Google. Kate and Luigi hear about double-sided markets from Nobel-winning economist Jean Tirole and explore the E.U. vs. U.S. approach to antitrust enforcement.

The second in a special 3-part series on antitrust law. Kate and Luigi talk with Lina Khan, author of the article “Amazon’s Antitrust Paradox,” and a member of the New Brandeis Movement, which believes that antitrust enforcement should be more broadly applied and not just rely on consumer welfare.

The first in a special 3-part series on antitrust law. In the wake of the approved merger between giants AT&T and Time Warner, Kate and Luigi talk with a leading expert, Carl Shapiro, about the evolving concept of consumer welfare and whether antitrust law needs to change with the times.

Do central bankers have too much power? Paul Tucker, a former official at the Bank of England during the 2008 financial crisis and author of the new book 'Unelected Power,' explains to Kate and Luigi how technocratic hubris can imperil democracy.

Should a kidney be sold to the highest bidder? Luigi and Kate debate Nobel-winning economist Al Roth whose algorithm for kidney transplants has saved more than 6000 lives. Roth says matching markets could be used for everything from online dating to the global refugee crisis.

Luigi Zingales, Chicago Booth School Finance Professor, thinks people underestimate how devastated Italy is by its economic situation.Donald Straszheim, Evercore ISI Head of China Research, thinks China sees Washington as unreliable and untrustworthy.Gina Martin Adams, Bloomberg Intelligence Chief Equity Strategist, says small cap stocks have outperformed tremendously.Catherine Mann, Citi Research Global Chief Economist, advises we can't be protectionist on the side of trade and welcome international capital flows. Gerard Cassidy, RBC Capital Markets Analyst, jumps on the phone to review the latest Deutsche Bank news.  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Luigi Zingales, Chicago Booth School Finance Professor, thinks people underestimate how devastated Italy is by its economic situation.Donald Straszheim, Evercore ISI Head of China Research, thinks China sees Washington as unreliable and untrustworthy.Gina Martin Adams, Bloomberg Intelligence Chief Equity Strategist, says small cap stocks have outperformed tremendously.Catherine Mann, Citi Research Global Chief Economist, advises we can't be protectionist on the side of trade and welcome international capital flows. Gerard Cassidy, RBC Capital Markets Analyst, jumps on the phone to review the latest Deutsche Bank news. 

Tristan Harris, a former design ethicist at Google and “the closest thing Silicon Valley has to a conscience,” warns Kate & Luigi about targeted digital advertising that creates individual, orchestrated experiences dictated by nothing more than an algorithm.

Kate Moore, BlackRock Chief Equity Strategist, says she still strongly believes that equities are the place to be. Luigi Zingales, University of Chicago Booth School of Business Professor, does not think we've seen the worst of the populist surge yet. Francisco Blanch, Merrill Lynch Head of Global Commodities & Derivatives Research, says oil prices could definitely push higher if geopolitical risk becomes more prominent. John Sununu, Former WH Chief of Staff under President George H.W. Bush, joins us to remember Barbara Bush.  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Kate Moore, BlackRock Chief Equity Strategist, says she still strongly believes that equities are the place to be. Luigi Zingales, University of Chicago Booth School of Business Professor, does not think we've seen the worst of the populist surge yet. Francisco Blanch, Merrill Lynch Head of Global Commodities & Derivatives Research, says oil prices could definitely push higher if geopolitical risk becomes more prominent. John Sununu, Former WH Chief of Staff under President George H.W. Bush, joins us to remember Barbara Bush. 

10 years after dark pools of derivatives contributed to the Great Recession, former Commodity Futures Trading Commissioner Sharon Bowen tells Kate & Luigi how she helped bring transparency to the market and visited a few grain silos along the way.

The U.S. economy may be booming, but despite a recent uptick wage growth remains stubbornly flat. Kate & Luigi examine the effect of monopsonies in the labor market among concentrated industries like Big Tech. Are companies colluding against workers and driving down wages?

Are doctors and pharmaceutical companies to blame for the opioid epidemic? Kate & Luigi look at the role of supply and demand in fueling the distribution of prescription painkillers, and discuss the regulatory ramifications for medical marijuana.

Are elite MBA programs producing morally bankrupt administrators? Duff McDonald, author of “The Golden Passport,” tries to convince Luigi & Kate that conflicts of interest and flawed case studies amount to an unethical education that harms society.

Student government and members of the UChicago community participated in a "town hall" with Professor Luigi Zingales Monday night to discuss his recent invitation to Steve Bannon.Check out the raw audio here.

Five years after Thomas Piketty’s surprise bestseller captured the zeitgeist of an anxious age, Kate and Luigi revisit the book to see how it holds up in the current political and economic climate. The verdict? Intriguing analysis, but limited impact.

Booth Professor Luigi Zingales has invited Steve Bannon to take part in a debate on globalization and immigration at UChicago. In this Maroon Weekly special report, we chat with Samantha Eyler-Driscoll, who works with Zingales at Booth's Stigler Center. Eyler-Driscoll has been outspoken in her opposition to Zingales's invitation.Hosts: Austin Christhilf, Miles Burton Editor: Grace Hauck Featuring: Pete Grieve, Grace Hauck, Samantha Eyler-Driscoll Music: Aaron Cendan

It’s been 6 years since a member of the Federal Reserve improperly leaked information to an analyst. Kate & Luigi wonder what's really changed. Is the Fed still too cozy with big banks, the media and others with a financial stake in monetary policy?

Luigi shops for an airline ticket and ponders how our retirement investments might be hurting our wallets. New research suggests that giant mutual funds with large stakes in the companies of one industry can lead to reduced competition and higher prices.

The new U.S. tax reform bill includes a dramatic reduction in the corporate tax rate. Is this a hand-out to the rich or a necessary measure to spur the U.S. economy in the face of global competition? Luigi and Kate debate the pros and cons and break down the law’s impact on pass-through businesses.

Not long ago Facebook CEO Mark Zuckerberg hinted at a run for political office. Luigi and Kate debate whether a President Zuckerberg would give the social media giant a dangerous monopoly. Should government regulators do something to limit its power?

As college enrollment goes up, social mobility continues its 50-year decline. Luigi and Kate look for answers in the latest research on the role of higher education. Are today’s universities engines of social mobility or simply bastions of privilege?

Luigi Zingales, Chicago Booth Professor of Finance, says Ireland's success story is a result of its low tax rates attracting foreign investment. Michael Purves, Weeden And Co Chief Global Strategist, predicts tech and financials are going to continue to outperform next year. Julian Kheel, The Points Guy Senior Analyst, says we may see smaller seats on flights. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Luigi Zingales, Chicago Booth Professor of Finance, says Ireland's success story is a result of its low tax rates attracting foreign investment. Michael Purves, Weeden And Co Chief Global Strategist, predicts tech and financials are going to continue to outperform next year. Julian Kheel, The Points Guy Senior Analyst, says we may see smaller seats on flights.

What is the future of the European economy? What are the challenges facing Europe? What are the implications of Brexit for the United Kingdom and the rest of the Europe? Nicholas Crafts of the University of Warwick, Luis Garicano of the London School of Economics, and Luigi Zingales of the University of Chicago's Booth School of Business talk with EconTalk host Russ Roberts about these questions and more in front of a live audience at Stanford University's Hoover Institution.

This multi-disciplinary symposium brings together leading scholars who will share their research and engage in conversation about the role of religion in addressing rising income inequality—an issue that impacts millions of people. During the 1960s and 1970s, 9-10% of total income went to the top one-percent of Americans. By 2007, this share had risen to 23.5%. Even before 2008 and the so-called Great Recession, the wages of the average worker in the U.S., adjusted for inflation, had been stagnant for three decades. How are the religions contributing to the complex mix of factors responsible for this state of affairs? Part 4 includes a presentation by Luigi Zingales, the Robert C. McCormack Distinguished Service Professor of Entrepreneurship and Finance, University of Chicago Booth School of Business Luigi Zingales' research interests span from corporate governance to financial development, from political economy to the economic effects of culture. He co-developed the Financial Trust Index, which is designed to monitor the level of trust that Americans have toward their financial system. In addition to his position at Chicago Booth, Zingales is a faculty research fellow for the National Bureau of Economic Research, a research fellow for the Center for Economic Policy Research, and a fellow of the European Governance Institute. He also serves on the Committee on Capital Markets Regulation, which has been examining the legislative, regulatory, and legal issues affecting how public companies function. In July 2015, he became the director of the Stigler Center at the University of Chicago which he refocusing on promoting and diffusing research on regulatory capture and the various distortions that special interest groups impose on capitalism Sponsored by the Martin Marty Center for the Advanced Study of Religion.

Tom Keene and Francine Lacqua, filling in for Michael McKee, bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss fiscal policy with Bank of America Merrill Lynch's David Woo; Italian banks with University of Chicago Booth School of Business' Luigi Zingales; and the Fed with Amherst Pierpont's Robert Sinche. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Tom Keene and Francine Lacqua, filling in for Michael McKee, bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss fiscal policy with Bank of America Merrill Lynch's David Woo; Italian banks with University of Chicago Booth School of Business' Luigi Zingales; and the Fed with Amherst Pierpont's Robert Sinche.

Tom Keene and Francine Lacqua, filling in for Michael McKee, bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss Italian banks with High Frequency Economics Founder, Carl Weinberg; gold with HSBC's James Steel; global markets with Bank of America Merrill Lynch's Michael Hartnett; and the Italian banking crisis with University of Chicago's Luigi Zingales. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Tom Keene and Francine Lacqua, filling in for Michael McKee, bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss Italian banks with High Frequency Economics Founder, Carl Weinberg; gold with HSBC's James Steel; global markets with Bank of America Merrill Lynch's Michael Hartnett; and the Italian banking crisis with University of Chicago's Luigi Zingales.

(Bloomberg) -- Bloomberg Surveillance with Tom Keene and Michael McKee. GUESTS: Luigi Zingales Professor:Finance/Economist University of Chicago Booth School of Business on economy Valentin Marinov MD/Head:G10 FX Research Credit Agricole CIB London on FX Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

(Bloomberg) -- Bloomberg Surveillance with Tom Keene and Michael McKee. GUESTS: Luigi Zingales Professor:Finance/Economist University of Chicago Booth School of Business on economy Valentin Marinov MD/Head:G10 FX Research Credit Agricole CIB London on FX

Welcome to Golf Talk Live!  Joining me this week: Chad Zingales- Director of Golf Operations at Amherst Country Club, located in Amherst, NH. Here's more about Chad: Chad Zingales is the Director of Golf Operations at Amherst Country Club, located in Amherst, NH. He has been in the golf industry for more than 20 years, and his most recent endeavor includes his helping to coordinate The Greater New England Golf Expo, which is coming to NH in February 2016. His business partners, Brian Karoul and Justin Maguire are avid golfers, and together, they look to grow the game of golf in New England and beyond! Their company's name is Circle 3 Group, LLC. Golf Talk Live is available at iTunes.com & Stitcher.com Tune in "LIVE" Thursdays from 6:00 - 8:00 PM Central right here on Golf Talk Live!

Growing up in Italy, Luigi Zingales got to experience firsthand something that looked a lot like capitalism but definitely wasn't. Government subsidies, regulations tailored to serve the interests of existing corporations and a system in which connections were more important than merit combined to ensure a capitalism that was anything but inclusive or competitive. Wanting to live in the most competitive and inclusive system on the planet, Zingales moved to the United States. However, during his time here, Professor Zingales has seen the United States start to look worryingly like Italy. In his latest book, A Capitalism for the People, Professor Zingales draws a distinction between being pro-market and pro-business. Being pro-business means using government power to support the already rich. Being pro-market means designing the system to maximize competition. Berlusconi is pro-business…and so are a lot of American politicians. In fact, American politicians who are truly pro-market are incredibly rare. In this interview, Hunter (Bryan is too successful as an actor to be able to do his own podcast) gets Professor Zingales to explain this essential distinction and some of the other important aspects of his superb book. Guest Links Website: http://research.chicagobooth.edu/stigler Twitter: https://twitter.com/zingalesFacebook: https://www.facebook.com/luigi.zingales/ Guest Promo Product 1: http://www.amazon.com/Capitalism-People-Recapturing-American-Prosperity/dp/0465085954 Product 2: http://www.amazon.com/Saving-Capitalism-Capitalists-Unleashing-Opportunity/dp/0691121281/ref=asap_bc?ie=UTF8

Luigi Zingales of the University of Chicago talks with EconTalk host Russ Roberts on whether the financial sector is good for society and about the gap between how banks and bankers are perceived by the public vs. finance professors. Zingales discusses the costs and benefits of financial innovation, compares the finance sector to the health sector, and suggests how business education should talk about finance to create better behavior.

Luigi Zingales of the University of Chicago's Booth School of Business talks with EconTalk host Russ Roberts about Zingales's essay, "Preventing Economists' Capture." Zingales argues that just as regulators become swayed by the implicit incentives of dealing with industry executives, so too with economists who study business: supporting business interests can be financially and professionally rewarding. Zingales outlines the different ways that economists benefit from supporting business interests and ways that economists might work to prevent that influence or at least be aware of it.

Luigi Zingales of the University of Chicago's Booth School of Business talks with EconTalk host Russ Roberts about Zingales's essay, "Preventing Economists' Capture." Zingales argues that just as regulators become swayed by the implicit incentives of dealing with industry executives, so too with economists who study business: supporting business interests can be financially and professionally rewarding. Zingales outlines the different ways that economists benefit from supporting business interests and ways that economists might work to prevent that influence or at least be aware of it.

Luigi Zingales of the University of Chicago's Booth School of Business talks with EconTalk host Russ Roberts about Zingales's essay, "Preventing Economists' Capture." Zingales argues that just as regulators become swayed by the implicit incentives of dealing with industry executives, so too with economists who study business: supporting business interests can be financially and professionally rewarding. Zingales outlines the different ways that economists benefit from supporting business interests and ways that economists might work to prevent that influence or at least be aware of it.

Doug Groh visits for the first time and Luigi Zingales returns to further discuss “A Capitalism for the People.” True free market capitalism levels the playing field and rewards suppliers who meet market demand rather than brown nosing and patronage activities, which is why Prof. Zingales moved to America. But now he sees an avoidance of competition and elitism to the detriment of all but the ruling elite. How can we move back toward a free market America? Meantime, how do Americans hang on to what they have against a socialist assault aimed at those who have been rewarded in the past by their merits? Tocqueville Gold Fund mining analyst Doug Groh will talk about the gold share values and how owning the shares may provide some respite for retaining and increasing wealth for those who have chosen to save the fruits of their labor. We will ask Doug if he shares Rick Rule's optimism for the gold share markets at this time and ask him to comment on some of his fund's favorites.

Doug Groh visits for the first time and Luigi Zingales returns to further discuss “A Capitalism for the People.” True free market capitalism levels the playing field and rewards suppliers who meet market demand rather than brown nosing and patronage activities, which is why Prof. Zingales moved to America. But now he sees an avoidance of competition and elitism to the detriment of all but the ruling elite. How can we move back toward a free market America? Meantime, how do Americans hang on to what they have against a socialist assault aimed at those who have been rewarded in the past by their merits? Tocqueville Gold Fund mining analyst Doug Groh will talk about the gold share values and how owning the shares may provide some respite for retaining and increasing wealth for those who have chosen to save the fruits of their labor. We will ask Doug if he shares Rick Rule's optimism for the gold share markets at this time and ask him to comment on some of his fund's favorites.

James Turk returns & Luigi Zingales, Univ. of Chicago Prof. of Entrepreneurship and Finance, visits for the 1st time to talk about his book, “A Capitalism for the PEOPLE.” Prof. Zingales offers ways to return to a capitalism that rewards merit and discourages Crony Capitalism, which Gene Epstein calls “Crapitalism.” Prof. Zingales puts his finger on many symptoms of our increasingly perverse capitalist model, but can a fix be done through a new set of regulations? Or do we need to return to an honest monetary system that enables automatic market mechanisms to allow those who produce wealth to keep it rather than having it stolen by the parasitic elements of our society like bankers and government? Weighing in on that subject will be James Turk, proprietor of GoldMoney, who views the world through an Austrian free market model that relies on free market rather than rules and regulation to optimize life, liberty and the pursuit of happiness. Also, your host will offer some top picks.

James Turk returns & Luigi Zingales, Univ. of Chicago Prof. of Entrepreneurship and Finance, visits for the 1st time to talk about his book, “A Capitalism for the PEOPLE.” Prof. Zingales offers ways to return to a capitalism that rewards merit and discourages Crony Capitalism, which Gene Epstein calls “Crapitalism.” Prof. Zingales puts his finger on many symptoms of our increasingly perverse capitalist model, but can a fix be done through a new set of regulations? Or do we need to return to an honest monetary system that enables automatic market mechanisms to allow those who produce wealth to keep it rather than having it stolen by the parasitic elements of our society like bankers and government? Weighing in on that subject will be James Turk, proprietor of GoldMoney, who views the world through an Austrian free market model that relies on free market rather than rules and regulation to optimize life, liberty and the pursuit of happiness. Also, your host will offer some top picks.

Luigi Zingales of the University of Chicago and author of A Capitalism for the People talks with EconTalk host Russ Roberts about the ideas in his book. Zingales argues that the financial sector has used its political power to enhance the size of the sector and the compensations executives receive. This is symptomatic of a larger problem where special interests steer resources and favors based on their political influence. Zingales argues for a capitalism for the people rather than a capitalism for cronies or the politically powerful. The conversation concludes with a plea by Zingales to his fellow economists to speak out against behavior that is legal but immoral--lobbying Congress for special treatment that exploits others to benefit one's own industry, for example.

Luigi Zingales of the University of Chicago and author of A Capitalism for the People talks with EconTalk host Russ Roberts about the ideas in his book. Zingales argues that the financial sector has used its political power to enhance the size of the sector and the compensations executives receive. This is symptomatic of a larger problem where special interests steer resources and favors based on their political influence. Zingales argues for a capitalism for the people rather than a capitalism for cronies or the politically powerful. The conversation concludes with a plea by Zingales to his fellow economists to speak out against behavior that is legal but immoral--lobbying Congress for special treatment that exploits others to benefit one's own industry, for example.

Luigi Zingales of the University of Chicago and author of A Capitalism for the People talks with EconTalk host Russ Roberts about the ideas in his book. Zingales argues that the financial sector has used its political power to enhance the size of the sector and the compensations executives receive. This is symptomatic of a larger problem where special interests steer resources and favors based on their political influence. Zingales argues for a capitalism for the people rather than a capitalism for cronies or the politically powerful. The conversation concludes with a plea by Zingales to his fellow economists to speak out against behavior that is legal but immoral--lobbying Congress for special treatment that exploits others to benefit one's own industry, for example.

Luigi Zingales of the University of Chicago and author of A Capitalism for the People talks with EconTalk host Russ Roberts about the ideas in his book. Zingales argues that the financial sector has used its political power to enhance the size of the sector and the compensations executives receive. This is symptomatic of a larger problem where special interests steer resources and favors based on their political influence. Zingales argues for a capitalism for the people rather than a capitalism for cronies or the politically powerful. The conversation concludes with a plea by Zingales to his fellow economists to speak out against behavior that is legal but immoral--lobbying Congress for special treatment that exploits others to benefit one's own industry, for example.

Did you see this headline? Probably not, since it was never written. However, it has happened. Not just with GE but with General Motors, Big Oil and many other American business icons. Crony Capitalism has replaced the free market. Business/ government cross breeding has created business mutants which look like business but act like government. In this episode, Bob is joined by University of Chicago economics professor Luigi Zingales. Together they discuss “Saving Capitalism From the Capitalists,” which happens to be the title of Dr. Zingales' recent book and says it all. Capitalism is being destroyed from within. We're losing our entrepreneurial spirit. American business is too dependent on government and with governmental support comes governmental control. Is it too late?

This broadcast features Luigi Zingales, Robert C. McCormack Professor of Entrepreneurship and Finance. Zingales is also a member of the Committee on Capital Market Regulation. He reports on the committee's findings regarding concerns that excessive regulation is stifling the public securities markets and causing U.S. markets to lose business to foreign competitiors.

This broadcast features Luigi Zingales, Robert C. McCormack Professor of Entrepreneurship and Finance. Zingales is also a member of the Committee on Capital Market Regulation. He reports on the committee's findings regarding concerns that excessive regulation is stifling the public securities markets and causing U.S. markets to lose business to foreign competitiors.