Stigler Center Press Coverage

October 1, 2018

Will Steve Bannon speak at U of Chicago, or won’t he? (Crain's Chicago Business)

The former Trump adviser and former Breitbart news executive accepted an invitation to speak at the University of Chicago, but the plan faded away amid protests. The school says the invite stands, but that it hasn't been able to pin down Bannon on a date.

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September 28, 2018

The Sovereign-Bank `Doom Loop' Won't Let Italian Markets Escape (Bloomberg)

As investors scrambled for more clarity on the Italian budget plan that roiled its markets on Friday, at least one thing was clear: Ten years after the financial crisis, the sovereign-bank “doom loop” still haunts Europe.

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September 24, 2018

Opinião: Por que todo bom economista deveria ser um feminista (Exame)

Economistas deveriam ser os primeiros a saber dos efeitos perversos da concentração excessiva de poder, escreve Luigi Zingales, da Universidade de Chicago

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September 21, 2018

Privacy in the age of Aadhaar and Big Data (Livemint)

Some of the framers of the Constitution, including B.R. Ambedkar, were in favour of a guaranteed right to privacy but were voted down by the more vociferous opponents. The latter viewed such a right as an unnecessary fetter on the weak law-enforcement machinery of a newly sovereign state. This omission played a critical role in how the right to privacy came to be interpreted in Indian jurisprudence, writes Rahul Matthan in his new book, Privacy 3.0: Unlocking Our Data-Driven Future.

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September 11, 2018

Forget the Trump circus. Focus instead on his ruinous policies. (Washington Post)

A recent opinion piece written by an unnamed senior official in the Trump administration calls out the obvious and terrifying failings of the president, while assuring Americans that “adults in the room” are limiting the damage.

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September 8, 2018

Like frogs in a slowly boiling pot, Americans are finally realizing how dire their labor situation is (LA Times)

The Labor Question is back, big-time. The term came into use around the turn of the 20th century; it was a shorthand way of asking: What should be done about the working class’ smoldering discontent in the wake of industrialization?

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August 24, 2018

Five steps to avoid a global water tragedy (APPS Policy Forum)

Governments are pouring billions of dollars into making irrigation more efficient, with disastrous consequences for freshwater availability. Quentin Grafton and John Williams look at how to reverse the tide of bad policy.

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August 21, 2018

More than meets the eye in city demolitions (Business Daily Africa)

I have been following closely the city demolitions and, for once, I want to be the devil’s advocate. My question is this, why now? All of a sudden we are concerned about the public good and have to watch about 4,000 building and structures worth billions of shillings go down.

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August 12, 2018

Must ASX choose between Friedman and GetUp! on social licence to operate? (Australian Financial Review)

While the ASX ponders adopting the recommendations of its corporate governance council to update its corporate governance principles, the backlash against a perceived cave-in to political correctness is in full swing.

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August 3, 2018

Apple’s $1 trillion milestone reflects rise of powerful megacompanies (The Seattle Times)

Apple’s new 13-figure valuation highlights how a group of enormous companies has come to dominate the U.S. economy. Today, a smaller cluster of American companies commands a larger share of total corporate profits than since at least the 1970s.

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August 2, 2018

Why do so many jobs feel meaningless? Because they are (The Sydney Morning Herald)

As companies' profit reporting season is upon us, it's worth asking: Does business create value these days the way it once did?

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July 30, 2018

Sergio Marchionne’s Blueprint for Saving Italy (Bloomberg)

“Unhappy is the land that needs a hero,” wrote Bertolt Brecht in “Life of Galileo.” But there are times when countries and companies do need someone to step up; when the situation is so dire that only a radical makeover will do.

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July 26, 2018

In Our ‘Winner-Take-Most’ Economy, the Wealth Is Not Spreading (The New York Times)

Labor’s share of the pie is still crumbs. Is there a way for workers to regain some control over their lives?

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July 25, 2018

Why Your Phone Service Is So Expensive (The New York Times)

Many Americans pay close to $100 a month for smartphone service. And this pricetag isn’t some natural reflection of the service’s value. In many other countries, smartphone plans cost much less.

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June 28, 2018

How regulators can prevent excessive concentration online (The Economist)

Conventional antitrust thinking is being disrupted from within.

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June 28, 2018

Update: EU Divided Amid Migration Row (BBC)

European Union leaders meeting in Brussels hope to find a new deal on immigration. Luigi Zingales at the University of Chicago Booth has been watching developments.

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June 26, 2018

A Discussion About Opioids, The Labor Force And Bankruptcy Research (Seeking Alpha)

Last week's "Behind the Markets" podcast featured a rather different set of topics than we normally cover.

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June 22, 2018

Italian euro exit would be a disaster (Frankfurter Allgemeine)

(Translation) Mr Zingales, what can we expect from the new Italian government in economic and financial policy? "The big question is whether the Lega will create any reason to force new elections in the fall."

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June 20, 2018

ECB Probably a Year Away From Hiking Rates, Says Zingales (Bloomberg Surveillance)

University of Chicago Booth School Finance Professor Luigi Zingales discusses the European Central Bank's rate path as they exit quantitative easing. He spoke Tuesday with Bloomberg's Guy Johnson from the ECB's annual forum in Sintra, Portugal on "Bloomberg Surveillance."

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June 20, 2018

Famed Economist Luigi Zingales thinks Bitcoin Buzz is madness but digital monopolies are killing competition (ZyCrypto)

Luigi Zingales is an award winning economic expert and widely reviewed author on the subject of capitalism. He has an influential voice in the world of finance across the United States and Europe, but isn’t exactly high on the the idea of cryptocurrency.

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June 18, 2018

"Google and Facebook have excessive power over business" (Globes)

Influential economist Luigi Zingales talks to "Globes" about digital monopolies, praises Netanyahu's grasp of economics, and reflects on the future of Europe.

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June 12, 2018

Smaller Households, Bigger Houses, Smaller Lots (BloombergQuint)

The average U.S. household is 24 percent (or 0.82 people) smaller than it was in the early 1960s.

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June 11, 2018

Too Much Risk Priced Into Italian Bonds, Bluebay's Riley Says (Bloomberg Surveillance)

University of Chicago Booth School of Business Finance Professor Luigi Zingales and BlueBay Asset Management Chief Investment Strategist David Riley discuss Italian political risk, the economy and bonds. They speak on "Bloomberg Surveillance."

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June 10, 2018

Apuntes de un Chicago Boy (La Tercera)

Los apuntes de Miguel Kast son legendarios entre los chilenos que estudiaron en la Universidad de Chicago en los 70 y 80. La dictadura becaba a jóvenes talentosos a la tierra prometida del pensamiento neoliberal o neoclásico. Pero, por si las moscas, viajaban con la interpretación ortodoxa de las sagradas escrituras bajo el brazo. No era tiempo para aceptar herejías.

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June 5, 2018

Watching the industry watchdogs (The Sydney Morning Herald)

Australia's regulators are too easily influenced by the business groups they supposedly police.

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June 4, 2018

The swamp is alive and well (Finanz und Wirtschaft)

Luigi Zingales, Professor at the University of Chicago Booth School of Business, says that crony capitalism is growing rampant.

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May 31, 2018

Italy's Populist Future (BBC)

After nearly three months of negotiations and disputes, Italy has a new government. The country that road-tested Trump-style populist politics before the Donald has handed power to a pair of anti-establishment parties, The League and the 5 Star Movement. Italy's president, Sergio Mattarella, had blocked the coalition's choice of finance minister, Paolo Savona, claiming his views imperilled Italy's position in the Eurozone.

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May 31, 2018

Surveillance: Euro Isn’t a Well-Designed System, Zingales Says (Bloomberg)

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.

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May 31, 2018

Italy's Populism and Dysfunctional Government have Global Implications (WBEZ Chicago)

The leaders of Italy’s two main right-wing populist parties, The 5-Star Movement and The League, met today to salvage a coalition cabinet and avoid snap elections. 

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May 30, 2018 

Italian Euro Exit 'Incompatible' With Financial System, Zingales Says (Bloomberg)

University of Chicago Booth School of Business Finance Professor Luigi Zingales discusses the economic and market impact of Italian political uncertainty. He speaks on "Bloomberg Daybreak: Americas."

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May 24, 2018

BTPs find relief as Luigi Zingales is considered for finance minister (ForexLive)

La Stampa reports that Five Star is considering Zingales for the finance minister post

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May 24, 2018

Italy Bonds Slip on Worries Over Populists' Cabinet Choices (Bloomberg)

Italian bonds reversed gains as investors worried about the populist coalition’s candidates to run the euro-area’s third-largest economy.

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May 24, 2018

EUR/USD: 5 reasons to fade this recovery - a sell opportunity? (FXStreet)

The EUR/USD is on the rise, trading above 1.1700 and contrary to previous days, not losing ground at the wake of the American session. Hopes that Italy will have a moderate finance minister and the relatively dovish meeting minutes both send the pair higher.

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May 23, 2018 

Italy Premier-Designate Starts Quest for Government Support (Bloomberg)

Italy's premier-designate Giuseppe Conte, a law professor with no political experience, began his search for a government that will satisfy his populist sponsors and pass muster with President Sergio Mattarella.

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May 23, 2018

The Democrats' Midterm Dilemma (The New York Times)

One of the few people to really see Donald Trump coming was the University of Chicago economist Luigi Zingales, who warned way back in 2011 that American politics was going the way of his native Italy, that we could easily produce our own version of Silvio Berlusconi, and that Trump was an obvious candidate to bottle the celebrity-populist-outsider cocktail.

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May 21, 2018 

Some chewing gum and a packet of baby killers please (DutchNews.nl)

Cigarettes kill. But so do lots of things. What is a shareholder to do? asks economist Mathijs Bouman

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May 21, 2018

QuItaly is now a real possibility with new Italian Coalition government (The Australian Financial Review)

Italy is about to embark upon a full-scale experiment in Eurosceptic populism.

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May 18, 2018

Tech Untamed (London Business School Review)

We need to rethink the way we monitor the power of the huge companies now dominating the business landscape

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May 13, 2018

Ein Prozess in Mailand wegen Korruptionsvorwürfen könnte zu einem Wendepunkt für die Erdölbranche werden (Neue Zürcher Zeitung)

(Translated) The international energy companies Royal Dutch Shell and Eni are sitting on the dock from Monday. The trial in Milan deals with allegations of corruption when buying a crude oil field in Nigeria. Also accused is the CEO of Eni.

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May 11, 2018

Stigler Hosts Concentration of Views on Digital Platforms (Disruptive Competition Project)

On Apr. 19-20, the Stigler Center at the University of Chicago held a provocative antitrust conference on Digital Platforms and Concentration. It was the Stigler Center’s second such event that was highly critical of the tech industry. Given that the event occurred at the University of Chicago, one could be forgiven for thinking this was a gathering of antitrust scholars advocating a restrained, empirical approach — as apparently did the Economist magazine.

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May 10, 2018

Walmart buys 77% of Flipkart: Why letting foreign money fund e-commerce businesses is vital to protecting consumers (Firstpost)

Walmart is buying Flipkart. The bully of Bentonville is acquiring 77 percent stake in India’s e-commerce giant for $16 billion. A deal that puts the valuation of Flipkart at over $20 billion (or Rs 1,34,800 crore, at Rs 67.4 to a dollar). Walmart is buying a company which loses money.

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May 10, 2018

eBay to relaunch India operations after Flipkart sale (Forbes India)

Media reports suggest that Sachin Bansal could earn a billion dollars by selling his 5.5 percent stake at around a billion dollars (or Rs 6,740 crore).

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May 2, 2018

“The Opportunity Has Never Been Richer”: Silicon Valley Sees Dollar Signs in the A.I. Apocalypse (Vanity Fair)

Our digital future could be a bleak dystopia of fake news, computer viruses, A.I. gone rogue, and massive job losses. Industry leaders see a glass half full.

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April 26, 2018

The Upheaval Italy Needs (Project Syndicate)

While Italy remains without a new government, it would be foolish to believe that a country where anti-system parties won 55% of the popular vote will continue to behave as if nothing had happened. But political upheavals sometime provide a unique opportunity for addressing seemingly intractable problems.

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April 26, 2018

America’s antitrust apparatus prepares to act against big tech (The Economist)

A University of Chicago conclave of experts debates how far to go

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April 26, 2018

The Big Tech Funding Sideshow (Symphony of Disruption)

The ‘industry buys academics’ narrative has received significant coverage last week at the Stigler Center conference on Digital platforms and Concentration.

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April 23, 2018

Zuckerberg Testifies Before Congress And Now Everyone Is Worried Tech's Too Dominant (Forbes)

In the not so distant past, companies like Google, Facebook and Apple represented the best of what America stood for – our shared appreciation for innovation, entrepreneurship and competition. Now that sentiment has shifted, particularly in the wake of Facebook CEO Mark Zuckerberg’s testimony before the Senate and House earlier this month. Lawmakers welcomed the opportunity to hear from Zuckerberg on critical consumer data privacy issues that aimed to help all Americans better understand what happens to their personal information online.

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April 23, 2018

Data Sheet—How to Regulate Facebook, Amazon, Apple, Netflix, and Google (Fortune)

I attended a spectacular conference Friday at the University of Chicago’s Booth School of Business, whose Stigler Center for the Study of the Economy and the State hosts an annual discussion of antitrust and competition issues. This year’s event, convened by scholars Luigi Zingales and Guy Rolnik, focused on the threat of concentration of Big Tech, otherwise known as the Big Five: Facebook, Amazon, Apple, Netflix, and Google.

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April 19, 2018

U.S. Antitrust Boss Calls for Vigilance on Big Tech Platforms (Bloomberg)

The Trump administration’s antitrust chief said competition watchdogs need to keep an eye on digital platform companies that may be abusing their market power to thwart rivals, the latest sign of Washington’s intensifying scrutiny of technology companies.

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April 18, 2018

Luigi Zingales Says There Is Still a Long Period Until Italy Forms Government (Bloomberg)

Luigi Zingales, finance professor at University of Chicago Booth School of Business, discusses Italy's political impasse. He speaks with Francine Lacqua on "Bloomberg Surveillance."

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April 18, 2018

Surveillance: Economy is Doing Relatively Well, Zingales Says (Bloomberg)

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.

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April 14, 2018

David Brooks on Comey: From What I Have Read, The Book Passes The Smell Test; "Honest" Person (Real Clear Politics)

PBS NEWSHOUR: Syndicated columnist Mark Shields and New York Times columnist David Brooks join John Yang to discuss the week’s news, including James Comey’s memoir detailing his interactions with and impressions of President Trump, what House Speaker Paul Ryan’s retirement means for the GOP and the pardoning of Scooter Libby.

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April 12, 2018

Fixing Capitalism: Luigi Zingales (How do we fix it?)

From internet giants Facebook, Amazon and Google to telecom titans AT&T, Verizon and Comcast, American capitalism is increasingly dominated by huge and politically well-connected business behemoths.

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April 9, 2018

The Failures of Anti-Trumpism (The New York Times)

WACO, Tex. — Over the past year, those of us in the anti-Trump camp have churned out billions of words critiquing the president. The point of this work is to expose the harm President Trump is doing, weaken his support and prevent him from doing worse. And by that standard, the anti-Trump movement is a failure.

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April 8, 2018

Outsiders knock at the door of power in Italy (Financial Times)

If no stable government can be formed, new elections are the answer

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April 6, 2018

Academic: Steve Bannon was able to intercept disgruntlement of voters (CNBC)

The establishment "piling up" is not a solution to defeating the rise of global populism, says Luigi Zingales, professor at the University of Chicago Booth School of Business.

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April 6, 2018

Management Extends Probation for Editor Who Resigned to Protest Bannon (Chicago Maroon)

ProMarket editor Samantha Eyler-Driscoll, who resigned from the editorial board of the publication to speak out against Steve Bannon’s invitation to campus, informed her supervisors Wednesday morning that she was rejecting their requirement that she resume her original job responsibilities.

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April 3, 2018

Italy’s Populists Can Beat Europe’s Establishment (Foreign Policy)

They're young, untested — and, if they play their cards right, they can transform the EU.

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March 29, 2018

L'economista padovano Luigi Zingales è tra i vincitori del premio Hicks-Tinbergen il 29 marzo 2018 (Padova Oggi)

(translated) The European Economic Association (EEA) has appointed Luigi Zingales, professor of finance and entrepreneurship at the University of Chicago Booth School of Business, winner of the 2018 Hicks-Tinbergen Award. The professor has been classified with Paola Sapiens and Luigi Guiso in the first place of the prestigious recognition with their study, ‘Long-term Persistence’.

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March 28, 2018

SEC Chairman Jay Clayton to Headline STA Foundation and University of Chicago April 10th Equity Market Structure Symposium (PR Newswire)

The Security Traders Association (STA) and the University of Chicago Booth School of Business today announced a half-day symposium titled "Equity Market Structure: At the Heart of Our Nation's Economy..."I'm very pleased to have Chicago Booth co-sponsor this symposium, which will bring together a diverse group of experts whose opinions and experiences will shed light on the nuanced issues surrounding the American financial system," said Luigi Zingales.

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March 26, 2018

Luigi Zingales among Hicks-Tinbergen 2018 Prize Winners (Industria lItaliana)

The European Economic Association (EEA) has appointed Luigi Zingales, professor of finance and entrepreneurship at the University of Chicago Booth School of Business, winner of the 2018 Hicks-Tinbergen Award.

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March 23, 2018

When “Free Speech” Is a Marketing Ploy (Slate Magazine)

Regarding former White House adviser and Breitbart chairman Steve Bannon accepting an invitation to participate in a debate on campus, Luigi Zingales writes “I can hardly think of a more important issue for new citizens and business leaders of the world than the backlash against globalization and immigration that is taking place not just in America, but in all the Western World.”

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March 16, 2018

How the Bear Stearns Meltdown Wrecked Something More Valuable Than Money (The Wall Street Journal)

“People need to be able to trust something or someone,” says Luigi Zingales, a finance professor at the University of Chicago’s Booth School of Business. “The less you trust formal institutions and experts, the more you tend to trust your family and friends — or just anybody who sounds right.”

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March 15, 2018

Italy’s Elections Reflect Forces That Gave Us President Trump (The San Francisco Chronicle)

Luigi Zingales, a professor of finance at the University of Chicago, observes, the power of Brussels to limit the policy choices of Italian governments is enough to make the “election superfluous, engendering a sense of loss [of] sovereignty that fuels nationalism and populism.”

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March 8, 2018

Commentary: There's Still Time to Stop the Tech Monopoly Takeover (Fortune)

The mere size, power, and mostly unregulated conduct of the digital monopolies—Facebook, Alphabet, Amazon, Apple, and Microsoft—as well as the unprecedented scale and speed with which personal data is collected and turned into predictive algorithms, creates an omniscient, opaque machinery that threatens to erode the very foundation of American democracy.

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March 7, 2018

Luigi Zingales: «Get out of the Euro? It Would Be a Trauma» (Vanity Fair)

(Translation) The winners of the Italian political elections are those that would like less Europe, the eurosceptics. But what would it mean to get out of the eurozone? We asked the economist Luigi Zingales.

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March 6, 2018

Italy's Populists Redraw Political Map, Split Country in Half (Bloomberg Television)

“The South voted for the Five Star Movement and the North voted for the Lega, but both sides of the country expressed a vote of protest,” Luigi Zingales, professor at the University of Chicago’s Booth School, told Bloomberg Television.

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March 6, 2018

Italy’s Economy Has ‘Cronyism Disease,’ But Will Its Next Government Treat It? (WTOP)

University of Chicago's Luigi Zingales and I have sought to pinpoint the source of Italy's woes in new research we published in October as a National Bureau of Economic Research working paper. If we had to sum up our findings in one word, it would be “cronyism.” But that isn't the end of the story.

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March 5, 2018

Italian Election Results: Expert Warns Vote Is 'Negative for EU' as Eurosceptics ARISE (Express.co.uk)

THE ITALIAN election results will cause disruption in Brussels as the two main eurosceptic parties gained huge support of the public, according to finance expert Luigi Zingales.

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March 5, 2018

Italy's Feuding Politicians Leave Economy Waiting for Leadership (Bloomberg)

“Italians need lower taxes to be able to grow more, they need more efficient firms, they need more efficient government,” said Luigi Zingales, professor of finance at the University of Chicago Booth School of Business. “In the long run, you need a strong and competent political leadership that enables Italy to relate to France and Germany as well as to all the EU’s main institutions.”

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March 5, 2018

Surveillance: We Are in a Reactive Phase, Alden Says (Bloomberg)

Luigi Zingales, University of Chicago Booth School of Business Professor, says the results of the Italian election indicates a heavy anti-Europe sentiment.

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March 3, 2018

Tech Duopoly Has Too Much of Our Personal Data (The Australian)

“That’s very rare. At some point Standard Oil controlled 90 per cent of the refining market in the US, and not surprisingly there were legal cases against it,” says Luigi Zingales, a pro-free market professor of economics at the University of Chicago.

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March 2, 2018

Italy to Go to the Polls with No-One Forecast to Get a Majority (ABC Local)

To spice it up, the 81-year-old convicted tax fraudster and former Prime Minister, Silvio Berlusconi, is back leading the centre right forces. How will it all play out? Italian born economics Professor Luigi Zingales joins PM, and is from the University of Chicago Booth School of Business and the co-host of the podcast, Capital-isn't.

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March 2, 2018

Italy’s Berlusconi makes his return (The Washington Post)

Today, it is a common feeling,” wrote Luigi Zingales, a business professor at the University of Chicago. “In 2016, 124,000 Italians between the ages of 18 and 34 left the bel paese, roughly 2 percent of the population in that cohort. This is the reason why talented Italians populate American universities and firms all over the world: They find a way to emerge, which they cannot find at home.”

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March 1, 2018

Two Oil Majors Face Trial over a Controversial Deal in Nigeria (The Economist)

Luigi Zingales, who teaches at the University of Chicago’s Booth School of Business, was an independent director until 2015, when he left the board citing “irreconcilable differences” over how Eni tackled corruption risks. Another non-executive director with solid governance credentials, Karina Litvack, was removed in 2016 from a board risk committee that had access to OPL 245 files.

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February 23, 2018

Bitcoin’s Wild Trip Fails to Shake Cryptocurrency Believers (Financial Times)

“There is by definition very little transparency in this market,” cautions Luigi Zingales, finance professor at Chicago Booth School of Business, “and a very small volume can change and affect the prices.”

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February 21, 2018

UChicago Criticized for Promoting 'White Supremacy Ideology' (Campus Reform)

Professor Luigi Zingales, who extended the invite, continues to defend the decision, explaining that while he disagrees with Bannon, he finds it important for faculty to hear both sides of the debate.

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February 21, 2018

Benjamin Netanyahu Corruption Charges: Israeli PM Faces Toughest Political Challenge, but is Unlikely to Go Quietly (Yahoo! News)

An article in the Chicago Booth School's magazine Pro Market called the recordings "most amazing tapes in the history of corruption in Israel". It also noted that Israelis, for the first time, got to know of the shady deals struck between tycoons, government and regulators.

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February 21, 2018

The Trouble With Google and Facebook (U.S. News)

Luigi Zingales provides a window onto news illiteracy, or at least social media's penchant for the provocative over the reasoned.

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February 20, 2018

Newsletter for February 20 (Chicago Maroon)

— Zimmer: “It’s been quite interesting to watch this because, as you can imagine, there are many people who are opposed to Steve Bannon and wish that he hadn't been invited… [but] the students have been remarkable.” (He cited a town hall they organized with Luigi Zingales, the professor who extended the invitation.)

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February 20, 2018

Who's Been a BAAD boy? Tech Giants Face Political Backlash (Kensington Chelsea & Westminster Today)

Since the US presidential election last year, burgeoning antitrust sentiment in Washington has made BAAD companies become a popular target for politicians. An analysis led by Guy Rolnik of the University of the Chicago found that there were six mentions of ‘antitrust’ in last year’s election compared to zero in the previous four.

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February 17, 2018

University of Chicago Students Rally against Steve Bannon (The Torch)

Professor Luigi Zingales from the University of Chicago’s Booth School of Business invited former White House chief strategist Steve Bannon to speak at a future event on the campus of UChicago, an invitation that has caused an uproar among UChicago students, faculty and alumni.

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February 16, 2018

At Teach-in, Activists Talk Next Steps for Opposing Bannon at U of C (Chicago Sun-Times)

Philosophy professor Anton Ford said it’s an embarrassment to the University of Chicago that a professor at the business school, Luigi Zingales, has extended an invitation to Bannon.

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February 16, 2018

The Free-Speech University (The Wall Street Journal)

Steve Bannon is giving a talk at Chicago. Its president is confident he won’t be shouted down.

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February 15, 2018

Men and Women in Economics Have Different Opinions (The Economist)

In 1960 George Stigler, a late Nobel laureate and dogged empiricist, bemoaned the “deleterious” effects of economists’ policy desires on their theory, but maintained that overall, as a positive science, economics was ethically and politically neutral.

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February 14, 2018

The Growing Clout of Superstar Companies (Livemint)

As Chicago Booth’s Luigi Zingales has noted, only eight nations in the world have governments that generate as much revenue as Wal-Mart does.

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February 13, 2018

Free Speech Should Be Protected, Unless You Disagree With College Radicals (MRCTV )

The curious case of former White House Chief Strategist and former Breitbart editor Steve Bannon reared its ugly head after liberal University of Chicago professor Luigi Zingales invited Bannon to hold a debate on globalization, immigration and populism at the school.

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February 12, 2018

UChi Kids Say Bannon Is Not Debatable (Accuracy in Academia)

Surely you can break down and share your microphones with those you disagree with if they are willing to debate you. “A finance professor at the University of Chicago invited Steve Bannon, the notorious former Breitbart chairman and Trump advisor, to debate globalization, immigration, and populism,” Robby Soave writes on the Reason.com blog. “Bannon accepted.”

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February 11, 2018

Trumpism for Thee, But Not for Me (The New York Times)

In other countries, the most effective way to stop recent demagogues has been to treat them as normal politicians who are failing to deliver on their promises, as Luigi Zingales of the University of Chicago has noted.

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February 9, 2018

Eni, presunti dossier falsi: indagato Massimo Mantovani (Graffio Tech)

Mentre l'ex consigliere indipendente di Eni, Luigi Zingales, ha detto che se le accuse a carico di Mantovani "dovessero essere confermate in giudizio, si tratterebbe del più grave scandalo della storia della Repubblica" e sarebbe "responsabilità del governo richiedere che Eni nomini immediatamente un commissario esterno indipendente.

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February 9, 2018

University of Chicago Students, Faculty Protest Immigrant Professor's Invitation to Debate Steve Bannon (The New York Times)

A finance professor at the University of Chicago invited Steve Bannon, the notorious former Breitbart chairman and Trump advisor, to debate globalization, immigration, and populism. Bannon accepted.

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February 8, 2018

University of Chicago Professor Explains Why He Invited Steve Bannon with Open Arms (Rare Chicago)

Informing 50 students at a town hall on Monday evening that Steve Bannon has a valuable perspective on Donald Trump’s rise to power, Professor Luigi Zingales defended his decision to plan a debate.

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February 8, 2018

Losing the Twentieth Century (New Republic)

This week, the internet laughed at a University of Chicago professor named Luigi Zingales. In a town hall with students, Zingales defended his decision to host a debate with Steve Bannon. An attendee asked if he would have invited Hitler to a debate. As The Chicago Sun-Times reported, Zingales replied, “I think I would distinguish early Hitler from later Hitler. I think it would have been very useful to know ahead of time what he was about.”

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February 7, 2018

‘I Would Distinguish Early Hitler from Later Hitler’: Inside the University of Chicago’s Fight over Free Speech and Steve Bannon (MarketWatch)

University of Chicago professor Luigi Zingales is defending his invitation to former Trump campaign chief executive and White House chief strategist Steve Bannon for a campus debate on globalization, telling about 50 students at a town hall this week that the onetime face of Breitbart News is valuable to unpacking how outsider Donald Trump could rise to the presidency.

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February 7, 2018

How Men Get a Leg Up for Jobs With “Cheap Talk” (Chicago Magazine)

Luigi Zingales is in the news, as you might have heard, for inviting former Breitbart executive chairman and short-lived Trump administration Steve Bannon to debate at the University of Chicago...While poking around Zingales’s research, I came across a fascinating study that Zingales co-authored with Ernesto Ruben of Columbia and Paola Sapienza of Northwestern, titled simply “How stereotypes impair women’s careers in science.”

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February 6, 2018

As Protests Mount, U. of Chicago Plans for a Visit from Steve Bannon (The Chronicle of Higher Education)

Luigi Zingales, a professor in the Booth School of Business, planned the event, which was first announced as a debate between Bannon and faculty experts to be moderated by Zingales. Zingales said in a statement explaining the invitation that he disagreed with Bannon’s politics. But, he said, "the current problems in America cannot be solved by demonizing those who think differently, but by addressing the causes of their dissatisfaction."

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February 6, 2018

AAUP Asks Zingales for Bannon Event Logistics to Facilitate Counterprogramming (Chicago Maroon)

Zingales discussed the his decision to invite Steve Bannon with students at a town hall Monday.

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February 5, 2018

Zingales Fields Questions on Bannon Invite at Town Hall (Chicago Maroon)

Professor Luigi Zingales, who invited Steve Bannon to a debate on campus, ponders a student question at Monday's town hall in Kent.

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February 5, 2018

University of Chicago Prof Defends Decision to Invite Bannon to Campus (Chicago Sun-Times)

Professor Luigi Zingales defended his decision to plan a debate with Steve Bannon at the University of Chicago, telling about 50 students at a town hall Monday evening that he has valuable perspective on understanding Donald Trump’s rise. “In spite of the character of the guy, I think he was able to interpret and understand a feature of the American people that we, academics, missed,” he said. “Everybody at the University of Chicago was shocked on November 7 when the results came in.”

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February 5, 2018

Luigi Zingales on Oliver Hart, Co-Winner of the 2016 Nobel Prize for Economics (Sciblogs)

At the 2018 ASSA meeting Luigi Zingales delivered a lecture honouring Oliver Hart, co-winner of the 2016 Nobel Prize for economics.

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February 2, 2018

U of C Stakes its Claim as the Anti-Berkeley (Crain's Chicago Business)

The U of C says it wasn't aware beforehand of Booth School of Business professor Luigi Zingales' plan to invite Bannon, but supports his right to do so. It's also willing to support alternative events if they abide by school policies, which prohibit defamation, threats and harassment, among other things.

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February 2, 2018

Bannon Debate Invite Draws Outrage at University of Chicago (Barbwire)

Steve Bannon’s invitation to debate at the University of Chicago sparked a wave of outrage on campus, with students and faculty blasting the school for hosting the former White House strategist. Bannon is slated to participate in a debate on immigration and globalization in the coming weeks after accepting an invite extended by Booth School of Business professor Luigi Zingales, The Chicago Maroon reported.

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February 2, 2018

Bannon Invitation Provokes Protest in Chicago (SocialistWorker.org)

In late January, the Chicago Maroon broke the news that Booth School of Business Professor Luigi Zingales had extended the offer for Bannon to speak in the near future, and Bannon accepted. The following morning, the university released a statement defending the invitation despite the "debate and disagreement" it would cause, claiming that UChicago is "deeply committed" to freedom of expression for faculty and students, as well as "protesters and invited speakers."

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February 2, 2018

Newsletter for February 2 (Chicago Maroon)

Protesters will again demonstrate outside the business school today in opposition to the invitation of Steve Bannon, this time at 3 p.m. This will be the second protest organized by a coalition of campus organizations, including UChicago YDSA and UChicago United.

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February 1, 2018

Commentary: ‘Hate Speech’ is No Reason to Ban Bannon (Chicago Tribune)

In the past week, we’ve seen fervent objections to the news that University of Chicago professor Luigi Zingales has invited former Donald Trump adviser Steve Bannon to take part in a debate at the university over globalization and immigration. Many students and faculty are calling for the invitation to be withdrawn and for Bannon to be banned from campus, since he “traffics in hate speech and white supremacist ideologies."

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February 1, 2018

College Council Passes Resolution Condemning Bannon Invite, Supporting Protests (Chicago Maroon)

College Council voted Tuesday to approve a statement condemning professor Luigi Zingales’s decision to invite Steve Bannon to speak on campus.

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January 31, 2018

Online Sites Offer Economic Debates (Tribune-Review)

A slightly different conversation is taking place at ProMarket , a blog of the Stigler Center at the University of Chicago. Its focus is on the “subversion of competition by special interests.” Through “regulatory capture,” special interests get regulations that benefit them instead of the public, the site says.

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January 31, 2018

Saving Tax Reform from TRAIN (GMA News)

Some years back, University of Chicago economists Raghuram Rajan and Luigi Zingales wrote a book called “Saving Capitalism from the Capitalists.” They argued that while unfettered competition trumps protectionism for long-term growth and job creation, some protection should still be extended to counteract anti-market sentiments among those unable to compete. Having followed the government’s tax reform efforts over the past year, we cannot help but draw an analogy between Rajan and Zingales’ point and the recent implementation of TRAIN (R.A. 10963)— hence the title of this article.

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January 31, 2018

EDITORIAL: Listen up, Bannon Has a Right to Speak at U. of C. (Chicago Sun-Times)

The university has defended the invitation to Bannon, which was made by Booth School of Business professor Luigi Zingales. In a statement last week, the administration said: “The University of Chicago is deeply committed to upholding the values of academic freedom, the free expression of ideas, and the ability of faculty and students to invite the speakers of their choice.” Such a strong and unapologetic stand should surprise no one. Under President Zimmer, the University of Chicago has made clear the university’s unwavering commitment to freedom of expression, even when it’s really hard. Good for Zimmer.

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January 31, 2018

University of Chicago Alumni Join Protest Against Steve Bannon Debate (Newsweek)

University of Chicago alumni have joined a community-wide effort urging administrators to keep Steve Bannon off the campus. Bannon, formerly President Donald Trump's White House chief strategist and Breitbart News' executive chairman, accepted an invitation last week from Booth School of Business professor Luigi Zingales to debate "the economic benefits of globalization and immigration," according to university officials.

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January 31, 2018

The Real State of the Union: America Has a Huge Political Vacuum (Alternet)

Trump's debut SOTU speech and critics' responses highlight a growing void in the political landscape.

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January 31, 2018

U. of C. Alumni Deliver Petition Urging School to Rescind Steve Bannon Invite (Chicago Tribune)

The university confirmed last week that Booth School of Business professor Luigi Zingales had invited Bannon to participate in a debate that tentatively would address “the economic benefits of globalization and immigration.” Bannon would debate an expert in the field, with Zingales moderating. A date has not been set.

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January 31, 2018

University of Chicago Students Protest Potential Steve Bannon Visit (Chicago Defender)

A chorus of “Black Lives Matter” and “No Bannon, No KKK, No fascist USA” were heard on the steps of the Chicago Booth School of Business in response to Stephen Bannon, former chief strategist and senior adviser in the Trump administration, accepting Professor Luigi Zingales’s invite to debate on immigration and globalization.

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January 30, 2018

How Trump’s Critics Should Respond (The New York Times)

They emerge when there is a total distrust of the elite,” Zingales told me recently. “The more the elite go after him, the more people think, 'He's one of us.'” The successful strategy — in Italy and elsewhere — is to treat the demagogue like a normal politician who's failing to deliver.

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January 30, 2018

Bannon Debate Invite Draws Outrage at University of Chicago (Campus Reform)

Students and faculty at the University of Chicago are protesting one professor's invitation of Steve Bannon to campus to debate issues of immigration and globalization.

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January 30, 2018

Newsletter for January 30 (Campus Maroon)

Goolsbee invited to debate Bannon; Business econ major proposed; Boyer Zimmer forum scheduled

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January 30, 2018

1,000 U of C Alums Sign Letter to Protest Invitation to Steve Bannon (Chicago Sun-Times)

A group of alumni are adding their voices to the growing chorus of protesters who don’t want former White House chief strategist and far-right firebrand Steve Bannon to speak at the University of Chicago...Because Bannon was invited to a debate by a professor in the school’s prestigious Booth School of Business, the letter challenges administrators to think of the visit “in terms of a cost-benefit analysis.”

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January 30, 2018

What Others Say: In letting Bannon Speak, a University Defends Free Expression (Online Athens)

If business professor Luigi Zingales of the University of Chicago sells tickets for his planned Steve Bannon debate, put us down for a pair at least. Why? Because it will be an interesting event with the former chief strategist to President Donald Trump. And because the U. of C. should be supported for its principled defense of free expression.

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January 30, 2018

Professor Who Invited Bannon Agrees to Town Hall after Class Sit-in (Chicago Maroon)

Ten students, mainly situated in the back of the seminar room, held up signs with messages such as “Rigorous Inquiry ≠ Hate” and “Tell my dead ancestors that reason can defeat hate.”

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January 30, 2018

Steve Bannon Accepts Invite to Debate at U. of Chicago — and a Whole Bunch of People Don’t Like It (TheBlaze.com)

Former White House chief strategist Steve Bannon accepted an invitation from a University of Chicago professor to debate at the school — but as you might imagine, a whole bunch of faculty members, students, and even former students aren’t pleased with the move.

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January 29, 2018

University of Chicago Students Demand Steve Bannon Talk Be Shut Down (Breitbart)

Students at the University of Chicago are protesting an upcoming campus event featuring former Breitbart News Executive Chairman Steve Bannon.

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January 29, 2018

Protest over Steve Bannon Debate Is Latest Free Speech Test (Star Tribune)

Reprint of Chicago Tribune article. If business professor Luigi Zingales of the University of Chicago sells tickets for his planned Steve Bannon debate, put us down for a pair at least. Why? Because it will be an interesting event with the former chief strategist to President Donald Trump. And because the U. of C. should be supported for its principled defense of free expression.

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January 29, 2018

University of Chicago Students, Faculty Protest Potential Campus Visit from 'White Supremacist' Steve Bannon (Washington Examiner)

Students and faculty at the University of Chicago have erupted in protest over one professor’s recent decision to invite former White House chief strategist Steve Bannon to speak on campus.

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January 29, 2018

University of Chicago Student Government Unhappy with Steve Bannon’s Speech at the University (Accuracy in Academia)

The freedom of speech extends to all Americans, even if it is hate speech, under the First Amendment. Despite this knowledge, some members of the student government at the University of Chicago are unhappy with the business school’s invitation for Steve Bannon. Bannon is a former adviser to President Donald Trump and has voiced strong opinions on topics such as immigration and globalism.

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January 29, 2018

The University of Chicago and the Magical Powers of "Reasoned Debate" (Inside Higher Ed)

I'm not so sure reasoned debate has quite the influence some seem to believe. Luigi Zingales, a professor at the University of Chicago Booth School of Business has invited Steve Bannon, formerly of the Trump Administration and Breitbart News, to speak at the University of Chicago campus.

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January 28, 2018

Samantha Eyler-Driscoll Was Asked to Promote the Steve Bannon Event. She Resigned. (Chicago Maroon)

She will continue to work for "ProMarket" as managing editor, but she stepped down from her position on the editorial board as Senior Editor.

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January 28, 2018

Bannon to Speak at the University of Chicago (The Hill)

Stephen Bannon will address faculty and students at the University of Chicago after a business professor extended an invitation to President Trump's former chief strategist. "Whether you agree with him or not (and I personally do not), Mr. Bannon has come to interpret and represent this backlash in America. For this reason, I invited Mr. Bannon to a debate on these issues with our faculty," professor Luigi Zingales said in a Facebook post.

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January 27, 2018

Steve Bannon Invite Sparks Protests at Chicago University (Straits Times)

A Chicago university's invitation to Donald Trump's former advisor Steve Bannon to speak has sparked backlash from students and faculty urging the school to withdraw its offer...Business professor Luigi Zingales invited Bannon and announced that the former White House strategist had accepted - though no date had been set. Zingales said in a Facebook post that while he did not support the views of the hard-line nationalist who sought to shake up US domestic and foreign policy, his views had nevertheless resonated and made an impact on American politics and therefore were worth hearing.

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January 27, 2018

Protest Over Chicago Invitation to Bannon (Newburgh Gazette)

"Professor Luigi Zingales of the Booth School of Business is planning an event with the tentative format of a debate on subjects including the economic benefits of globalization and immigration, and has invited Steve Bannon, former chief strategist and senior adviser in the Trump administration, to debate an expert in the field, with Zingales serving as moderator."

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January 26, 2018

University of Chicago Defends Steve Bannon Debate Invite Citing Freedom of Speech, and Other News (Chicago Reader)

Bannon has accepted the invitation from Booth School of Business professor Luigi Zingales to speak about immigration and globalization, but no date for a visit has been set. Students and other activists gathered outside Booth to protest the invitation Thursday.

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January 26, 2018

Steve Bannon Invitation Sparks Protests at University of Chicago (Gulf News)

Reprint of Washington Post article. On Thursday, the morning after the student newspaper at the University of Chicago reported that Steve Bannon had been extended — and accepted — an invitation to speak on campus, protesters rallied...The Booth School is academic home to Luigi Zingales, the business professor who invited Bannon to participate in a debate on immigration and globalization on a date that hasn’t been announced. Bannon was the chief strategist for President Trump until his dismissal in August.

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January 26, 2018

Protest of Steve Bannon Announcement to Speak at University of Chicago (MSN)

Students demonstrate at the University of Chicago Booth School of Business in Chicago, Jan. 25, 2018. The students and other protesters are demanding that the university rescind an invitation to Steve Bannon to speak at the school.

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January 26, 2018

Faculty, Students Protest Bannon Speaking Invite at University of Chicago (Los Angeles Times)

A Chicago university's invitation to Donald Trump's former advisor Steve Bannon to speak has sparked backlash from students and faculty urging the school to withdraw its offer...Business professor Luigi Zingales invited Bannon and announced that the former White House strategist had accepted - though no date had been set. Zingales said in a Facebook post that while he did not support the views of the hard-line nationalist who sought to shake up US domestic and foreign policy, his views had nevertheless resonated and made an impact on American politics and therefore were worth hearing.

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January 26, 2018

Faculty, Students Protest Bannon Speaking Invite at University of Chicago (The Times of Israel )

A Chicago university's invitation to Donald Trump's former advisor Steve Bannon to speak has sparked backlash from students and faculty urging the school to withdraw its offer...Business professor Luigi Zingales invited Bannon and announced that the former White House strategist had accepted - though no date had been set. Zingales said in a Facebook post that while he did not support the views of the hard-line nationalist who sought to shake up US domestic and foreign policy, his views had nevertheless resonated and made an impact on American politics and therefore were worth hearing.

Read full article »

January 26, 2018

Steve Bannon Invitation Sparks Protests at University of Chicago (Washington Post)

On Thursday, the morning after the student newspaper at the University of Chicago reported that Steve Bannon had been extended — and accepted — an invitation to speak on campus, protesters rallied.

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January 26, 2018

Newsletter for January 26 (Chicago Maroon)

Planned Bannon event draws protests, condemnation; New dorm renderings released; CC voting on business major?

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January 26, 2018

University of Chicago Students, Faculty Protest Invite to Steve Bannon (CBS News)

University of Chicago faculty and students are protesting an invitation to former White House chief strategist Steve Bannon to participate in a debate on immigration and globalization.

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January 25, 2018

The Trump Administration, One Year Later (The Mac Weekly)

Shortly after the election, Luigi Zingales, an Italian-American economist, penned a column for the New York Times in which he argued that Democrats should emulate the successful challengers of Silvio Berlusconi, the former prime minister of Italy.

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January 25, 2018

Steve Bannon Accepts Invite to Speak at U of C, Students Protest (WTTW Chicago Tonight)

Students at the University of Chicago protested early Thursday in response to news that former White House chief strategist Steve Bannon had accepted an invitation from a professor to speak at the school...Booth professor Luigi Zingales invited Bannon to the school to debate the issues of immigration and globalization, subjects Zingales says are seeing significant backlash throughout the U.S. and Western world.

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January 25, 2018

'Too Racist for Chicago:' Protesters Demand College Pull Steve Bannon Invite (Fox News)

Outraged students protested on University of Chicago campus Thursday morning demanding the school rescind an invitation to have former senior advisor to president Trump and Breitbart News founder Steve Bannon speak on campus.

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January 25, 2018

Former W.H. Strategist Steve Bannon to Speak at University of Chicago (NBC Chicago)

Former presidential adviser Steve Bannon has accepted an invitation to speak at the University of Chicago. Bannon, the former chief strategist under President Donald Trump, will participate in a debate at the university’s Booth School of Business, the school said in a press release...Bannon was invited by professor Luigi Zingales, who will serve as the moderator in a debate featuring the former White House aide. The debate will focus on the economic benefits of globalization and immigration, and will feature an expert in that field.

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January 25, 2018

Bannon to Speak at Univ. Of Chicago Amid Protests (CBS Chicago)

Former White House chief strategist Steve Bannon has accepted an invitation to speak at the University of Chicago and students are responding with a protest. University spokeswoman Marielle Sainvilus said Booth School of Business professor Luigi Zingales is planning to moderate a discussion on “subjects including the economic benefits of globalization and immigration,” and invited Bannon to debate an expert in the field.

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January 25, 2018

Steve Bannon to Speak at the University of Chicago, Sparks Immediate Campus Protests (Newsweek)

Dozens of University of Chicago students, faculty, and community members held a rally Thursday morning to protest the university's decision to allow former White House chief strategist Stephen K. Bannon to speak at the college later this year. Earlier this month, Booth School of Business professor Luigi Zingales invited Bannon to debate "the economic benefits of globalization and immigration" with "an expert in the field," with Zingales serving as moderator.

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January 25, 2018

Steve Bannon to Speak at University Of Chicago, Protests Begin (Patch)

The University of Chicago has invited former White House chief strategist and far-right wing figure Steve Bannon to speak during a planned debate on globalization and immigration. Bannon has accepted the invitation, according to the school's student-run newspaper The Chicago Maroon, and the backlash has already begun with students and others holding a protest at the university Thursday morning. Bannon was invited to speak at the debate by Booth School of Business Professor Luigi Zingales, according to the Maroon.

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January 25, 2018

U. of C. professor invites Steve Bannon to campus debate, prompting protest (Chicago Tribune)

A University of Chicago professor has invited Steve Bannon, President Donald Trump’s former chief strategist, to speak at the South Side campus, a move that sparked immediate backlash among the university faculty members and students on Thursday. Luigi Zingales, a professor in the Booth School of Business, is planning an event that tentatively would involve a debate over subjects including “the economic benefits of globalization and immigration,” university officials confirmed in a statement Thursday.

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January 25, 2018

Editorial: The U.of C.'s valuable lesson: Sure, Steve Bannon can speak (Chicago Tribune)

If business professor Luigi Zingales of the University of Chicago sells tickets for his planned Steve Bannon debate, put us down for a pair at least. Why? Because it will be an interesting event with the former chief strategist to President Donald Trump. And because the U. of C. should be supported for its principled defense of free expression.

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January 25, 2018

University of Chicago invites Steve Bannon to campus debate (Crain's Chicago Business)

Steve Bannon, the former adviser to President Donald Trump and onetime executive chairman of far-right website Breitbart News, will speak at an event at the University of Chicago. The news was first reported yesterday by the Chicago Maroon. The Maroon wrote that Bannon's invite came from Luigi Zingales, a professor at U of C's Booth School of Business.

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January 25, 2018

Why Professor Zingales Says He Invited Steve Bannon (Chicago Maroon)

Booth Professor Luigi Zingales, who invited Steve Bannon to campus, released the following statement Thursday morning.

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January 25, 2018

University statement on planned debate (UChicago News)

The University of Chicago issues a statement on planned debates.

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January 24, 2018

Campus Groups Demand Disinvitation; University Defends Bannon's Right to Speak (Chicago Maroon)

A mere 15 hours after The Maroon reported that alt-right strategist Steve Bannon had been invited by a Booth professor to speak on campus, approximately 100 protesters gathered outside the Booth School of Business, holding signs and chanting: “Say it loud and say it clear, stop inviting fascists here” and “Disinvite! Disinvite!” 

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January 24, 2018

Students Demonstrate Outside Booth to Demand University Rescind Bannon's Invitation (Chicago Maroon)

Students organized a demonstration for 8:30 a.m. on Thursday at the Booth School of Business to demand the University rescind Steve Bannon's invitation to speak.

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January 24, 2018

Steve Bannon Accepts Invitation to Speak at the University of Chicago (Chicago Maroon)

Steve Bannon has accepted an invitation from Booth professor Luigi Zingales to come speak at the University of Chicago, Zingales told The Maroon.

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January 24, 2018

Steve Bannon to speak at University of Chicago: report (Chicago Sun-Times)

Former White House chief strategist and far-right firebrand Steve Bannon has accepted an invitation to speak at the University of Chicago, according to a report in the school’s student-run newspaper. A date for the event has not been set, but professor Luigi Zingales told The Chicago Maroon on Wednesday that he invited Bannon to campus, and Bannon accepted.

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January 24, 2018

Steve Bannon accepts invitation to speak at University of Chicago (WGN TV/WLS-TV)

Steve Bannon has accepted an invitation from a business professor to speak at the University of Chicago, according to the school’s newspaper, The Maroon. Luigi Zingales, a professor at the Booth School of Business, invited Bannon to speak to students. He told the newspaper that Bannon could “provide some insight into the current political and economic climate in the United States.”

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January 23, 2018

Rupert Murdoch’s plan to make Facebook pay for news (The Washington Post)

Guy Rolnik, a media entrepreneur who teaches in the business school at the University of Chicago, warned that securing payments from Facebook — even if possible — could come with a downside for the media industry. “While I think that we need to find ways to address the excessive market power of Facebook, I don't think that forcing the company to pay specific media outlets is the way to go,” said Rolnik, who founded TheMarker, a business-focused newspaper in Israel. “Forcing Facebook to pay specific news outlets for using their content will distort markets [and] entrench incumbent, large news organizations.”

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January 23, 2018

Megyn Kelly vs. Jane Fonda: A Post-Irony Feud for the Ages (Vanity Fair)

Trump is president and ex-Fox star Megyn Kelly, now working across the street from left-wing MSNBC, is feuding with a former Viet Cong sympathizer over a face-lift. Welcome to 2018. James Warren mentions Capitalisn't podcast in this issue of his column.

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January 19, 2018

A Warning For Democrats (The New York Times)

Luigi Zingales of the University of Chicago explained this phenomenon in a Times op-ed shortly after Trump's election. In the piece, Zingales compared Trump to Silvio Berlusconi, the former Italian prime minister.

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January 9, 2018

Why didn’t Microsoft squash Google in the 2000s? (AEIdeas)

One of the more compelling arguments for more heavily regulating Big Tech is that the megaplatforms are somehow stifling innovation. Compelling if true, of course. But from what I’ve seen, the argument pretty much consists of correlation and anecdote.

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January 8, 2018

Weak Productivity: The Role of Financial Factors and Policies (Naija 247 News)

Almost ten years after the onset of the global financial crisis productivity growth remains anaemic in advanced economies despite very easy monetary conditions, casting doubts on the sustainability of the cyclical recovery.

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December 30, 2017

"Das System ist aus dem Ruder gelaufen" (Spiegel Online)

Der Kartellspezialist Luigi Zingales ist gegen eine Zerschlagung von Google, Amazon und Facebook – er will die Macht der Tech-Unternehmen mit anderen Mitteln begrenzen.

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December 29, 2017

Surveillance: Ireland Has Been a Success Story, Zingales Says (Bloomberg)

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.

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December 29, 2017

Who's Afraid of Facebook? (Bloomberg)

Luigi Zingales, professor at the University of Chicago's Booth School of Business, discusses Facebook Inc.'s market dominance and why he thinks competition is better than regulatory intervention. He speaks on "Bloomberg Surveillance."

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December 29, 2017

Trump's Efforts to Erode Dodd-Frank Regulation (Bloomberg)

Luigi Zingales, professor at the University of Chicago’s Booth School of Business, says he'd be surprised if Republicans seek to completely eliminate Dodd Frank financial regulations, even after President Trump boasted Dec. 14 of "the most far-reaching regulatory reform in history.” He speaks alongside Bloomberg's Marty Schenker on "Bloomberg Surveillance."

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December 11, 2017

Big Tech is not the devil it is being made out to be (Live Mint)

Demanding the break-up of Google, Facebook or Amazon is excessive and unwarranted

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December 11, 2017

Events constantly outstrip Washington’s ability to regulate technology (AEIdeas)

Two events last week inform new debates about whether (or how) to regulate technology markets.

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December 6, 2017

Big technology firms challenge traditional assumptions about antitrust enforcement (Brookings)

After years of pleasing its fan base among social progressives and proponents of economic disruption, Silicon Valley finds itself in the hot seat. On October 31, legal representatives from Facebook, Google, and Twitter appeared before the House and Senate judiciary committees to discuss Russian meddling efforts in the 2016 U.S. election, including fake news stories and incendiary political ads propagated on the internet platforms and social media sites.

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November 20, 2017

You Need To Invest In Work Culture For Your Company To Thrive (Forbes)

Move over, Baby Boomers; Millennials have supplanted you as the largest generation in the workforce. And that fact, as reported by the Deloitte University Press, has made workplace culture the hottest topic in business today.

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November 17, 2017

Myths of the 1 Percent: What Puts People at the Top (The New York Times)

Dispelling misconceptions about what’s driving income inequality in the U.S.

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November 3, 2017

A way to poke Facebook off its uncontested perch (Financial Times)

We need to talk about Facebook. Google (or Alphabet, if you prefer) is more ubiquitous; Apple makes more money; Amazon is a more obvious threat to the bricks-and-mortar economy; yet there is something uniquely troubling about the social media leviathan.

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November 2, 2017

Ratio Dialogue on Populism and the Free Society (Ratio)

What does populism mean? Why do people buy it? Is the critique against the established elites valid? What are the main causes of the populist threats to the free society? What is meant by the populism-stagnation spiral? And does migration matter? How can public discourse and liberal democracy be restored?

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October 20, 2017

UN Study Warns: Growing Economic Concentration Leads to “Rentier Capitalism” (Naija 247 News)

Earlier this year, a Stigler Center paper by Luigi Zingales [Faculty Director of the Stigler Center and one of the editors of this blog] argued that market concentration can lead to a vicious circle, in which companies use market power to gain political power that in turn allows them to gain more market power, and vice versa. Zingales called this the “Medici vicious circle”: “Money is used to gain political power and political power is then used to make more money.”

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October 20, 2017

Bad bankers turn iconic Italian region's miracle into nightmare (Standard-Examiner)

The Most Serene Republic, as the area around Venice was known for a millennium, is now the troubled epicenter of a banking meltdown that’s threatening to derail one of globalization’s great success stories.

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October 19, 2017

Saving Capitalism - Luigi Zingales (The Jolly Swagmen)

Trump. Cronyism. Inequality. Monopolies. Weren’t we promised better than this? What happened to a “new nation, conceived in Liberty"?  What’s happening to capitalism?

October 18, 2017

How Washington Should Regulate Facebook (Forbes)

Google dominated headlines for abusing its monopoly this summer. In the hold-my-beer moment of the fall, Facebook stole the attention of the tech press . . . and of lawmakers.

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October 10, 2017

Human Capital - Why It's a 'Critical Component' For Success (Forbes)

During an interview with Geoffrey Burger and Robert McGarrah, two experts in the field of ESG performance as it relates to valuing human capital, Mr. McGarrah says "Human capital is a critical component of successful ESG performance. Every CEO will agree that company employees and workers for their franchisees and suppliers play a vital role in corporate performance.

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October 10, 2017

Minuscule Volatility in Stocks Is Puzzling, Thaler Says (Bloomberg)

Richard Thaler, the winner of the Nobel Prize in Economics, discusses volatility in stocks and says stocks can’t be based on the certitude that there will be a massive tax cut. Prior to that, Kevin Hassett, the chair of the Council of Economic Advisers, says tax reform deserves bipartisan support. Luigi Zingales, a finance professor at the University of Chicago’s Booth School of Business, says it’s impossible to think about economics without behavioral economics. Finally, Olivier Blanchard, a senior fellow at the Peterson Institute, says tax reform won’t boost growth.

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October 6, 2017

6 Ways We Can Begin to Rein in Facebook's Immense Power Over Media and Our Society fines too small to bite (Kashmir Images)

Luigi Zingales and Guy Rolnik, professors at the University of Chicago Booth School of Business, have a market solution: empower Facebook users to take their friends and their “likes” elsewhere. They propose giving Facebook users something they do not now possess: “ownership of all the digital connections" that they create, or a "social graph." Right now Facebook owns your social graph, but that is not inevitable.

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October 6, 2017

Corporate fines too small to bite (The Australian)

The allegations by Austrac against the country’s biggest bank precede an intriguing new study in the US, by top Chicago University economist Luigi Zingales. It examines chemical giant DuPont’s release of poisonous chemical C8 into the Ohio water systems for decades from the 1950s, as part of its Teflon manufacturing operations. The venerable US company knew C8 was potentially deadly from the early 1980s, and ultimately endured a barrage of health and environment related lawsuits that cost it more than $US600 million by early this year. Thousands contracted diseases. “How come the company chose the option that seems worse for society and for the company itself?” the authors asked.

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October 2, 2017

Does finance benefit society? (LF Economics)

The title of the article comes from a very interesting and hard-hitting paper authored by a leading mainstream economist, Luigi Zingales. He is a professor of entrepreneurship and finance at Chicago University’s School of Business, with impeccable mainstream credentials.

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September 29, 2017

U.S. Antitrust Law Is Not Broken (Bloomberg)

Democrats want to fix it for the wrong reasons.

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September 28, 2017

Economists Have No Use for Republican Tax Cuts (Bloomberg)

They don't boost growth; they just add to deficits.

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September 27, 2017

Tech's New Monopolies (Houston Chronicle)

This week, Harris County announced its intention to sue the French multinational chemical producer Arkema after volatile organic compounds exploded at its flooded plant in Crosby following Hurricane Harvey. The explosion sickened first responders with toxic fumes and exposed the surrounding area to untold amounts of contamination.

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September 27, 2017

Tech's New Monopolies (Bloomberg)

The rise of global technology superstars such as Amazon, Apple, Facebook, and Google is creating new challenges for competition watchdogs. In 2017 they joined Microsoft Corp. to become the five most-valuable companies in the US, a ranking that included only the software company 10 years ago. They dominate their markets, from ebooks and smartphones to search advertising and social media traffic on mobile devices. New research connects the market power of these high-tech behemoths—part of a broader rise in concentration in many industries—with chronic economic problems, including the decline in workers’ share of national income and slower economic expansions. Their dominance is fueling a global debate over whether it’s time to rein in such winner-take-all companies.

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September 26, 2017

An Italian economist told us Berlusconi and Trump are the same...except Trump is meaner (Business Insider)

Business Insider's Silverstein talks with University of Chicago Booth School of Business professor Luigi Zingales. Zingales discusses a statement he cut from one of his first books predicting that someone like Donald Trump could become President of the United States.

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September 21, 2017

Big technology firms are newly in the hot seat at home (The Economist)

The Stop Enabling Sex Traffickers Act could fundamentally change the internet.

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September 20, 2017

The Tide Is Turning Against Big Tech’s Monopolies—Because of University of Chicago (Chicago Magazine)

For decades, economists at the university have argued against antitrust law. The current generation is realizing things may have gone too far.

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September 18, 2017

How Facebook Became the ‘Greater Devil’ of the Moment (Fortune)

Last week Adam Lashinsky suggested the long knives are out for Facebook from multiple corners. Regulators, politicians, the social media company’s publisher-partners, its own advertiser customers: they are all increasingly fed up with Facebook.

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September 18, 2017

Margrethe Vestager’s growing American fan club (Politico)

As America turns skeptical toward Silicon Valley, a familiar face from Brussels suddenly fits the changing mood.

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September 8, 2017

A warm bath (Civic Hall)

Asher Schecter of the Stigler Center at the University of Chicago Booth School of Business interviewed Barry Lynn about his ouster from New America.

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September 7, 2017

Harvard Law's Upcoming Conference on Populist Foreign Leaders (LawFare)

On Saturday, September 23, Harvard Law School, with the Stigler Center at the University of Chicago, will host a one-day conference on "populist plutocrats": leaders who capitalize on anti-elite sentiment to win office but once elected, appear interested primarily in enriching themselves and their close allies.

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September 4, 2017

Australian economy purrs along at a decent clip for the dominant players (The Australian)

Family holidays as a kid were ­barely possible without pulling up next to something “big”—be it a big pineapple, banana, merino, or prawn. Australia’s array of “big” things is impressive, unique but, alas, increasingly misleading.

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August 31, 2017

Scholar says Google criticism cost him job: 'People are waking up to its power' (The Guardian)

Barry Lynn has spent years studying the growing power of tech giants such as Google, and asking if they are monopolies. He believes the answer is yes.

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August 31, 2017

Raghuram Rajan Blasts Populist Nationalism, Says It's First Step to Crony Capitalism (News18)

Rajan talked about how the financial crisis pushed the middle-class worker to the tipping point and led to the rise of populists like Donald Trump.

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August 31, 2017

‘Pick-and-Choose’ Policies Helping Populist Nationalism: Raghuram Rajan (Bloomberg)

Much of the economic displacement observed in current times stems from the effects of the information and technology revolution and its magnification by trade. National populists have gained immensely by promising the affected individuals a “community” recreated for them, former Reserve Bank of India Governor Raghuram Rajan said in a recent address.

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August 29, 2017

Professor Profiles: Luigi Zingales, the University of Chicago Booth School of Business (MBA Mission)

Many MBA applicants feel that they are purchasing a brand when they choose a business school. However, the educational experience you will have is what is crucial to your future, and no one will affect your education more than your professors. Today, we focus on Luigi Zingales from the University of Chicago Booth School of Business.

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August 24, 2017

Il giornalismo d’inchiesta produce utili? Una “case history” (Mediapart) dimostra di sì (Il Sole 24 Ore)

Il giornalismo investigativo può essere una formula vincente per i giornali? In altre parole, esistono le condizioni perché un giornalismo d’inchiesta possa prosperare in un mercato editoriale asfittico senza dissanguare il bilancio di un giornale?

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August 22, 2017

Journalism, its economics and its freedom (Mediapart)

In the spring of this year Mediapart was the subject of a case study by one of the departments at the University of Chicago Booth School of Business. This is the background to an unexpected tribute which comes at a time when the model of 'free' news publishing is more than ever shown to be a dead end for the independence of journalism.

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August 21, 2017

Due proposte anti monopoli sul digitale (Corriere della Sera)

Sta accadendo qualcosa di molto importante nell’economia digitale. La constatazione che la presenza dei grandi colossi protagonisti di questo settore, diventato motore dello sviluppo, si sta configurando sempre più come un multi monopolio.

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August 20, 2017

Kapitalisme is de enige duurzame welvaartsmotor (Doorbraak)

De vrije markt, eigendomsrechten en de rechtstaat ontwikkelen maximaal het menselijk kapitaal

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August 16, 2017

Luigi Zingales: Empresas, dinheiro e influência política (Brazil Journal)

No ano de sua fundação, em 1600, a East India Company recebeu do governo britânico uma concessão para operar por 15 anos. Mas o desejo de uma das mais antigas corporações do mundo de estender seu monopólio acabaria impactando a política britânica por dois séculos.

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August 15, 2017

How America's corporate giants are hurting the economy (American Family Radio)

Big business around the world may have become too powerful, to the detriment of the economy.

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August 11, 2017

Why big companies may pose a threat to democracy and economic prosperity (Livemint)

The largest modern corporations have facilitated a massive concentration of economic and political power in the hands of a few people.

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August 10, 2017

An Israeli pharma champion sickens (The Economist)

The country frets about what Teva’s decline means.

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August 10, 2017

Mistrust in America could sink the economy (The Economist)

Part of the problem is a lack of competition in some industries.

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August 4, 2017

Aadhaar case: How data protection will also fix privacy issue. (Financial Express)

Even if SC rules privacy is a fundamental right, data protection laws critical for this, and it goes beyond Aadhaar.

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August 3, 2017

Sorry, but I don’t care how you felt on election night. Not anymore. (The Washington Post)

Essay collections by resistance writers are heavy on emotion, and light on practical responses for the Trump era.

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August 3, 2017

Trump Isn’t Draining the Swamp, He’s Deepening It (Cato Institute)

“Drain the swamp!” was a powerful rallying cry during Donald Trump’s presidential campaign. The businessman promised to govern in the public interest, and end the revolving door between politics and lobbying.

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July 31, 2017

Posner says 'highly politicized' Supreme Court should grow to 19 justices (Chicago Tribune)

Chicago's favorite smarty pants judge says the Supreme Court should have 19 members, not 9.

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July 30, 2017

Leadership Race Heats Up at Bank of Italy Draghi Once Headed (Bloomberg)

The euro area’s third-largest economy is seeking someone to help oversee its struggling recovery -- and review the European Central Bank stimulus the country relies upon.

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July 25, 2017

Making Sense of Our Very Competitive, Super Monopolistic Economy (Harvard Business Review)

In the 1980s and 1990s, Blockbuster modernized the movie rental business. It offered far more movies than its smaller rivals, used computers to better manage that inventory, and designed its stores to be bright and family friendly. By 1993, just eight years after its founding, Blockbuster was the global leader in movie rentals, with more than 3,400 stores worldwide.

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July 22, 2017

Aadhaar privacy row: Social trust can once again be created with Big Data (Financial Express)

The more data a Google has, the better its services...but if the consumer can ‘port’ her data, the market gets more competitive—we can also do this for our health records, etc

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July 20, 2017

Should America’s Tech Giants Be Broken Up? (Bloomberg)

Apple, Amazon, Google, and Facebook may be contributing to the U.S. economy’s most persistent ailments.

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July 15, 2017

Internet business executives are a troll on your wallet trolls who want to monopolize the network (Dziennik)

(Translation) No. Because it's a threat to freedom, "said Professors Guy Farmer and Luigi Zingales of the University of Chicago Booth School of Business in an editorial in The New York Times shortly after the conviction of Google. And they explain where the Internet's susceptibility to monopolization is. It's about the so-called. Network effects. "On a traditional market - they write - the choice of a product (for example, a car tire) by one consumer does not affect other consumers choosing this product, and competitors generally provide the best products at the lowest possible prices."

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July 14, 2017

So Many Critics of Economics Miss What It Gets Right (Bloomberg)

The standard takedown has some merit. But the recent focus on hard data instead of theories is making a big difference.

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July 14, 2017

Book of the week: The Chickenshit Club (MoneyWeek)

The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives.

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July 1, 2017

Europe’s foresight and the destiny of the euro (Il Sole 24 Ore)

The first phase of the debate on the euro showed how the single currency is above all a political choice. In a democracy, political choices can be changed by voters.

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June 30, 2017

A Way to Own Your Social-Media Data (The New York Times)

The European Union imposed a 2.4 billion euro ($2.7 billion) fine on Google last Tuesday for manipulating its search engine results to favor its own comparison shopping service. It is just the latest institution to recognize the increasing monopolization of the technology industry.

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June 30, 2017

Zingales Says Travel Ban Caters to Immigrant Resentment (Bloomberg)

Luigi Zingales, professor at University of Chicago Booth School of Business, and Luca Paolini, chief strategist at Pictet Asset Management, discuss the Trump administration’s revised travel ban and overall agenda. They speak with Francine Lacqua and Tom Keene on "Bloomberg Surveillance."

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June 30, 2017

Giugliano Says Padoan Is Wrong About Options (Bloomberg)

In today's "Morning Must Read," Bloomberg’s Francine Lacqua highlights comments from Bloomberg View Columnist Ferdinando Giugliano on bank regulation in Italy. She speaks with Luigi Zingales, of the University of Chicago Booth School of Business, and Luca Paolini, of Pictet Asset Management Limited, on “Bloomberg Surveillance.”

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June 29, 2017

The E.U. has gotten much more popular. What happened? (The Washington Post)

The European Union, whose parliament meets here on the French border with Germany, has not exactly been popular in recent years.

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June 25, 2017

Explained: Why The Finance-Politics Relationship Deserves More Research (Swarajya Mag)

Professor Luigi Zingales from the University of Chicago explains why it is important to study and research issues of political economy of finance.

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June 22, 2017

"As a bank in Italy you lend to your friends" (nrc.nl)

(translated) Luigi Zingales, an economist and professor at the University of Chicago, presented this week at the Dutch Central Bank investigation into the background of the Italian mountain bad loans totaling about 360 billion euros. In the margins of the conference, told the Italian Zingales how the economy, politics and working culture of his country on the banks' balance sheets.

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June 20, 2017

Silicon Valley Has Too Much Power (The Financial Times Chinese)

(translated) FTChinese.com translated and reposted an article talking about whether monopoly and antitrust law needs to be rethought for the digital age. In the article, Chicago Booth Professor Luigi Zingales was quoted.

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June 17, 2017

The North goes, hello Trump (Il Foglio)

(translated) Luigi Zingales is interviewed about Trump, the American economy and U.S. Exports.

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June 8, 2017

A Capitalism For The People: Recapturing the Lost Genius of American Prosperity (Sohu)

(translated) Sohu.com posted a book review of “A Capitalism For The People: Recapturing the Lost Genius of American Prosperity” written by Chicago Booth Professor Luigi Zingales. According to the review, the outstanding feature of the book is that it differentiates the concepts of market protection, competition protection and enterprise protection.

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June 7, 2017

Not Everybody Thinks The U.S.-Mexico Sugar Deal Is So Sweet (MediaPost)

The U.S. government says it got just about everything it wanted in a preliminary trade deal that would curtail Mexico’s “dumping” subsidized sugar north of the border but a sugar trade group claims there’s a loophole and has refused to endorse it yet.

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May 31, 2017

Il ko di Bpvi e Veneto Banca, Zingales: «Gravi le colpe della politica, paghino» (Corriere del Veneto)

Parla l’economista: dissi invano alla Lega di chiedere trasparenza alle banche

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May 19, 2017

Zingales Says A Lot of People Left Out of U.K. Growth (Bloomberg)

Luigi Zingales, professor at University of Chicago Booth School of Business, discusses Brexit and the Tory Party’s manifesto. He speaks with Guy Johnson on "Bloomberg Surveillance."

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May 19, 2017

President Trump Is Strongly Committed to NATO, Stoltenberg Says (Bloomberg)

NATO Secretary General Jens Stoltenberg says President Trump has told him that he is strongly committed to NATO. Prior to that, Robert Hormats, Kissinger Associates’ vice chairman, says Merkel is the leader of the G-7 now. Luigi Zingales, a professor at University of Chicago’s Booth School of Business, says Republicans have been missing in action in keeping Trump in check.

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May 14, 2017

Silicon Valley has too much power (The Financial Times)

There is a conversation in the US about whether antitrust law should be rethought.

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May 11, 2017

Today's monopolies are yesterday's start-ups (Chicago Booth Review)

Competition is the essence of a capitalist economy, says Chicago Booth’s Luigi Zingales. But he cautions that in the United States, industry concentration is growing, and an increasing number of academics are concerned about the ramifications. Companies such as Google, which benefited early on from antitrust enforcement against Microsoft, are now themselves corporate powers, exerting enormous influence over regulators. This, he cautions, could have consequences.

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May 4, 2017

Friday's business with Katie Prescott (BBC)

The head of Goldman Sachs, has warned that the City of London "will stall" as a financial centre when the UK leaves the European Union.

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April 20, 2017

Are oligopolies bad for the U.S. economy? (MPR News)

MPR News chief economics editor Chris Farrell spoke with Derek Thompson from The Atlantic and Luigi Zingales, professor at Chicago's Booth School of Business, about the effect oligopoloies - airlines, cellphone carriers, internet providers - have on micro and macro economies in the U.S.

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April 17, 2017

Professors Talk Changing Chicago Economics (Chicago Maroon)

 An April 12 editorial in The Economist argues that new concern for unregulated monopolies among University of Chicago economists signals a shift away from the traditional “Chicago school” emphasis on free market economics.

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April 17, 2017

 FINANZA/ Se il ministro-ombra del governo Renzi-Grillo rilancia Eurexit (Il Sussidiario)

 L'economista Luigi Zingales alza i toni su una resa dei conti sull'utilità dell'euro: è il "discorso" politico di una possibile convergenza post-elettorale Pd e M5S.

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April 16, 2017

Euro sì o no, un dibattito serio e costruttivo. Ecco le regole (Il Sole 24 Ore)

Tra i partiti italiani, la Lega è apertamente anti euro. Il Movimento 5 Stelle, Forza Italia, e Fratelli d’Italia sono più ambigui, tra proposte di una “moneta fiscale”, illegale nel contesto dell'unione monetaria europea, e un improbabile referendum, che ci costringerebbe ad una uscita dall’euro ad urne ancora aperte.

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April 13, 2017

Boycotting United will never work. Here’s Why (Bloomberg)

 Angry about what happened in Chicago? The airline monopoly leaves you with few choices.

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April 12, 2017

The University of Chicago worries about a lack of competition (The Economist)

 Its economists used to champion big firms, but the mood has shifted.

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April 10, 2017

M5s, l’economista Zingales: “Ministro coi 5 stelle? Fake news. Sono solo più aperto di altri ad alcune loro idee” (Il Fatto Quotidiano)

 “Fantapolitica. Semplicemente a differenza degli altri, che sono molto rigidi, io sono più aperto intellettualmente anche a delle buone idee che hanno i grillini. Ma da qui a un governo, ne passa di strada”. Parola di Luigi Zingales, economista dell’Università di Chicago indicato da alcuni come papabile ministro dell’economia di un futuro governo M5s.

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April 6, 2017

Accounting cops have tough task of cracking down on corporate fraud (Chicago Tribune)

 When it comes to policing corporate fraud, independent auditors are supposed to be the cops on the beat, but too often they miss or overlook important clues that signal big trouble is brewing.

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April 4, 2017

This Budding Movement Wants to Smash Monopolies (The Nation)

 A very small number of companies control most of the economy. Why hasn’t that been challenged?

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March 27, 2017

Salviamo la Ue dagli «europeisti» (Il Sole 24 Ore)

La narrativa prevalente nelle celebrazioni per il 60° anniversario del Trattato di Roma è che bisogna salvare l’Europa dai populismi. Il meraviglioso progetto iniziato dai nostri padri, che ha portato pace e prosperità nel Continente, viene oggi messo in dubbio da leader senza scrupoli che aizzano un popolo ignorante a votare contro il proprio interesse. Quanto di vero c’è in questa narrativa?

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March 23, 2017

Lavish Rome Treaty Summit Will Skirt Issues in Stumbling Italy (Bloomberg)

As leaders celebrate the European Union’s 60th birthday in Rome this weekend, the host nation may be hoping that a pomp-filled ceremony distracts from any probing questions..

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March 17, 2017

De er blitt tiet ihjel, angrepet og svartmalt. Men tyveri kan fungere best mot populistene (Aftenposten)

ROOSENDAAL/OSLO (Aftenposten): Statsminister Mark Rutte brukte populistenes tøffe tone og vant valget i Nederland. Men strategien er farlig, mener flere forskere.

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March 15, 2017

O leilão eleitoral (Estadão)

Cientista político Marcus Melo, empregando conceitos de seu colega de profissão Iain McMenamin, analisa relação entre empresas e políticos no Brasil, e prevê futuro melhor.

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March 13, 2017

Expert says democracy is in trouble, has been for decades (The Columbia Chronicle)

Recent concerns over the current state of American democracy are warranted, but the loss of confidence in the system began long before the controversial 2016 presidential election, according David Moss, a professor at the Harvard School of Business.

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March 13, 2017

Double Standard in Advisor Punishment (Barron's)

Women financial advisors who engage in misconduct face harsher punishment and worse career repercussions than their male counterparts, reports InvestmentNews, citing new research.

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March 13, 2017

Buckle Up America: Trump is Our Berlusconi and We Are All Italians Now (Media Ite)

Earlier this month, President Donald Trump addressed members of the United States Navy from aboard the U.S.S. Gerald Ford. Ditching his usual suit and tie (and scotch tape) for a naval jacket, the president reiterated his promise for large increases in military spending. The performance was somewhere between George W. Bush’s Mission Accomplished speech and the Michael Dukakis tank.

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March 13, 2017

Research finds double standard for misbehaving female advisers (Investment News)

Male advisers are three times more likely to go rogue, but women pay higher price for transgressions.

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March 6, 2017

Crafts, Garicano, and Zingales on the Economic Future of Europe (Econtalk)

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.

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March 2, 2017

A corruption probe raises uncertainty over the future of Eni’s boss (The Economist)

Oil giant’s response also raises corporate-governance concerns.

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February 26, 2017

La politica può aiutare la (buona) innovazione (Il Sole 24 Ore)

Dopo il Governo Prodi e quello Monti, anche il Governo Gentiloni si arrende ai tassisti, gli altri governi non ci hanno neppure provato. Grazie alla pavidità della nostra classe politica, i tassisti sono riusciti a bloccare non solo la forma più economica di Uber (quella che negli Stati Uniti si chiama Uber Pop e costa il 30% meno dei taxi americani che costano il 30% meno di quelli nostrani), ma a rendere difficile e costosa anche l'opzione di Uber che utilizza le auto blu registrate per il trasporto clienti.

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February 22, 2017

After April’s March for Science, what next for anti-Trump scientists? (The Guardian)

To counter Trump’s administration, scientists need counter-propaganda, evidence-based alternative policies and political representation.

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February 20, 2017

Liberals and the Trump Blame Game (The New York Times)

Ever since Donald Trump announced his presidential campaign and shot to the top of the polls, some political analysts have blamed liberals and liberalism for his rise. (For a long list of examples, type the words “Trump liberals fault” into Google.)

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February 5, 2017

Como sobreviver a Donald Trump? (Publico)

A condição decisiva para a América sobreviver a Donald Trump é tratar a polarização que a dilacera. É a mais difícil das tarefas políticas.

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February 5, 2017

News Analysis: Could populist victory in Italy set up tricky referendum on euro (Xinhua News Agency)

Financial markets are responding to prospects that Italy may leave the 19-member Eurozone, as chances grow that the anti-euro Five-Star Movement political party may win the next round of national elections.

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February 1, 2017

Dashed Expectations Power White Anger (Bloomberg)

A while ago, I wrote about a new theory that’s gaining some ground in economics and finance. This is the theory of extrapolative expectations, which says that people tend to mistakenly think that recent trends are going to keep going. That theory could help explain financial bubbles. But I also believe it can help explain a lot of the anger we’re now seeing in the political world -- especially the rage that led to the rise of Donald Trump.

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January 30, 2017

Luigi Zingales: «Donald Trump et les entreprises, c’est la loi du Parrain»" (l'Opinion)

Pour l’universitaire américain, les industriels « vont concentrer l’essentiel de leurs efforts à complaire au pouvoir en place de peur des représailles », ce qui nuira à l’innovation et à l’investissement.

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January 17, 2017

Luigi Zingales: las políticas económicas de Trump "son pro-negocios, no pro-mercado" (Pulso)

Las condiciones favorables a las empresas locales, dice el profesor de la U. de Chicago, no permiten que las compañías y consumidores se beneficien de la competencia internacional. Además, critica los ataques que el presidente electo hace a través de su cuenta de Twitter.

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January 15, 2017

Morosos al descubierto (El Periódico)

La Asociación Bancaria Italiana ampara la filtración de la lista de los causantes del agujero de 47.000 millones del Monte dei Paschi di Siena. Empresarios, inmobiliarias, armadores y equipos de fútbol figuran entre los nombres.

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November 20, 2016

Contro Fakebook, per il next journalism (Blog De Biase)

Vale la pena di ricordare oggi il libro di Bill Kovach e Tom Rosenstiel: Blur. How to know what’s true in the age of information overload. È un manuale dedicato ad aumentare la consapevolezza dei giornalisti e del pubblico intorno alle abilità metodologiche che devono essere coltivate da chi cerchi di conoscere come stanno le cose intorno ai fatti di attualità (e non solo).

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November 11, 2016

Chicago’s Booth School seeks business journalists for 10-week program (Talking Biz News)

The Stigler Center at the University of Chicago Booth School of Business is launching a Journalists in Residence Program from March 27–June 2, 2017.

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November 10, 2016

Trump’s First Task: Close the Wall Street-Washington Wormhole (Wall Street Daily)

Hot takes abound here in the immediate aftermath of one of the most historic presidential elections in U.S. history. Here’s one about a subtle step to shake up the Establishment.

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November 8, 2016

A Trump-Clinton donor divide: Home values (Crain's Chicago Business)

If there are Clinton victory parties tonight in Chicago, they're likely to be in nicer homes than celebrations for a Trump win. The median home value for a Chicago-area donor to Democrat Hillary Clinton's campaign is almost one-third higher than the median for donors to Republican Donald Trump, according to research from the University of Chicago.

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October 4, 2016

Capture and Ignorance in Financial Regulation (Cato at Liberty)

After spending some years in both legislative and regulatory policy roles, I’ve come to even more strongly believe that almost everything you really need to understand regulation can be found in Peltzman’s classic 1976 extension of Stigler’s original economic model of regulation.

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September 2, 2016

How to come up with a strategy under true uncertainty (LSE Business Review)

In uncertainty, strategic advantage comes from organisational form, instead of plan, writes Prateek Raj.

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August 11, 2016

'Googlement' Pushes Aside 'Government Sachs' (Bloomberg)

You remember “Government Sachs,” right? It’s the nickname that gained currency during the financial crisis for the Wall Street firm and its alumni, who seemed to occupy every crucial position in Washington. Well, now there’s Govergle. Or maybe it’s Googlement. Alphament, anyone?

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August 10, 2016

India’s Outgoing Central Bank Governor Rajan Says He Didn’t Pay Attention to Personal Attacks (The Wall Street Journal)

Raghuram Rajan said in TV interview that academic life 'gives you a pretty thick skin'

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July 28, 2016

What Does "Regulatory Capture" Mean to Business and the Economy? (Inc.)

Bernie Sanders has helped popularize an idea that regulators are in thrall to the businesses they oversee. But there are almost as many definitions of 'capture'--and its broader implications-- as there are people chattering about it.

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July 15, 2016

Brexit: The Fallout In Italy (Wbez)

It’s been less than a month since the UK voted to leave the European Union, so there is still a lot of uncertainty about how the vote will impact the rest of the EU. One those countries caught up in that uncertainty is Italy.

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June 12, 2016

Raghuram Rajan's battle against crony capitalism: University of Chicago colleague defends RBI chief (Scroll.in)

Rajan has rightly decided to force Indian banks to cut down exposure to their most dubious borrowers, writes Luigi Zingales.

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June 6, 2016

Study Of Global Billionaires Suggests Americans Are Getting Fleeced By Rents (International Business Times)

It should come as no surprise that the US leads the world in the absolute number of billionaires in the country — 536 in 2015. But what those billionaires say about America is less obvious. In a new study, researchers parsed the global list of billionaires maintained by Forbes magazine, examining trends across the world over the past two decades. America’s billionaires demonstrated three things: fewer heirs, more financiers and higher rents.

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May 17, 2016

Quando e perché le banche controllano i giornali (Veneto Vox)

Gli inglesi la chiamano regulatory capture, la “cattura del regolatore”: il fenomeno – studiato dagli economisti – delle authority di controllo che finiscono per fare gli interessi dei controllati. «Ce n’è però un altro, ugualmente preoccupante, che io chiamo la “cattura dei media”, di cui però non si interessa nessuno, ed è un grave errore perché ha un rilievo enorme». Luigi Zingales è un economista di fama: ex cda di Eni e Telecom, insegna a Chicago ma è anche editorialista per il Sole 24 Ore e L’Espresso.

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May 06, 2016

Commentary: To get Trump's appeal, look to why Italy elected Berlusconi (Chicago Tribune)

With his big victory in Indiana, Donald Trump has all but secured the Republican presidential nomination. What nearly a year ago many considered a joke has now become reality, and it is time to consider the causes and the consequences of the Trump phenomenon.

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May 05, 2016

Growing Support for a National Health Program and Health Care as a Human Right (Huffington Post)

We can thank Bernie Sanders’ presidential campaign for putting single-payer national health insurance (NHI) on the front burner of today’s national political discussion. This is long overdue and especially timely as the two parties debate alternatives for future U. S. health care.

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March 28, 2016

L’étonnante impunité des directeurs de banques (Le Temps)

Les conflits juridiques entre le Département américain de justice (DOJ) et les banques ont donné lieu à des règlements financiers, mais les directeurs ont été épargnés. Un journaliste d’enquête explique les raisons d’une justice dorénavant à deux vitesses.

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March 18, 2016

La rabbia dei bianchi è benzina per Trump (L'Espresso)

Il miliardario è molto popolare tra coloro che più hanno pagato la crisi economica. Ma la sua ricetta non li favorirà. E farà aumentare il deficit.

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February 4, 2016

Money and Influence in 2016 Presidential Campaign Tracked by New Index at Chicago Booth (News Wise)

As the 2016 presidential campaign attracts more money and bigger political donations than any campaign in US history, the University of Chicago Booth School of Business has created a financial index to capture the influence that corporations and special interest groups have on politics and the economy.

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January 28, 2016

Can a $4 Million Gift Bring More MBAs to the Nonprofit and Public Sectors? (Inside Philanthropy)

A Wall Street Journal article published earlier in the decade examined the fact that at the time, fewer than 5 percent of graduates from many top business schools take jobs at nonprofit organizations right out of school.

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September 16, 2015

Ep. 3: Luigi Zingales on Italy, Google and Conglomeration, and Donald Trump (Medium)

Conversations with Tyler: Tyler Cowen and Luigi Zingales discuss Italy, Donald Trump, Antonio Gramsci, Google and conglomeration, Luchino Visconti, Starbucks, and the surprisingly high productivity of Italian cafés.

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