Luigi Zingales
| Luigi Zingales | |
|---|---|
 | |
| Born |
Luigi Zingales February 8, 1963 Padua, Italy |
| Nationality | Italian and American |
| Field | Business economics |
| Information at IDEAS / RePEc | |
Luigi G. Zingales (Italian pronunciation: [luˈiːdʒi ddziŋˈɡaːles]; born February 8, 1963 in Padua, Italy), is a finance professor at the University of Chicago Booth School of Business, and the author of two widely reviewed books. Saving Capitalism from the Capitalists (2003) is a study of "relationship capitalism".[1] In A Capitalism for the People: Recapturing the Lost Genius of American Prosperity (2012), Zingales "suggests that channeling populist anger can reinvigorate the power of competition and reverse the movement toward a 'crony system'."[2][3]
Career
Zingales received a bachelor's degree in economics, from Bocconi University in Milan. In 1992 he earned a Ph.D. in Economics from the Massachusetts Institute of Technology for thesis titled The value of corporate control under the supervision of James M. Poterba and Oliver Hart.[4] In the same year he joined the faculty of University of Chicago Booth School of Business, where he is the Robert C. McCormack Professor of Entrepreneurship and Finance.[5] Zingales also serves as a member of the Committee on Capital Markets Regulation.[6]
Positions
Zingales has been featured prominently in news media, which falls in line with his belief that economists should take a more public stance regarding what they believe in. While a traditional economist in many respects, he is known for some of his unique opinions. He has advocated replacing all taxes with a single consumption tax, a position usually associated with political conservatives. On the other hand, he has voiced support for greater regulation of the banking industry.[7] Perhaps most interesting is his support of the United States debt ceiling, which is almost universally held in low-regard by his colleagues.[8]
In July 2012, Zingales took part in the 'No-Brainer Economic Platform' project of NPR's program Planet Money. He supported a six-part reform plan that involved eliminating all American income, corporate, and payroll taxes as well as the war on drugs and replacing the system with a broad consumption tax (including taxing formerly illegal substances).[9][10]
Studies
His main field of study is business economics, with a heavy focus on organizations and entrepreneurship.
Awards
He was the winner of the 2003 Germán Bernácer Prize to the best European economist under 40 working in macro-finance.[11] In 2012, he was named by Foreign Policy magazine to its list of FP Top 100 Global Thinkers, "For reminding us what conservative economics used to look like."[12]
Books
- (with Raghuram G. Rajan), Saving Capitalism from the Capitalists, Random House, New York, 2003.
- A Capitalism for the People: Recapturing the Lost Genius of American Prosperity, Basic Books, New York, 2012 .
References
- ↑ Postrel, Virginia (December 4, 2003). "Economic Scene; Are open markets threatened more by a pro-business or by an antibusiness ideology?". The New York Times.
- ↑ "Nonfiction review". Publishers Weekly. April 23, 2012.
- ↑ Plender, John (April 15, 2012). "Nostalgia for the land of opportunity". The Financial Times.
- ↑ "The value of corporate control by Luigi Zingales". MIT Library. Retrieved 17 Sep 2015.
- ↑ "Luigi Zingales". Retrieved 2012-06-18.
- ↑ "Committee on Capital Markets Regulation". Retrieved 2012-06-18.
- ↑ Bloomberg View
- ↑ Luigi Zingales: Congress needs to keep debt ceiling
- ↑ http://www.npr.org/blogs/money/2012/07/19/157047211/six-policies-economists-love-and-politicians-hate
- ↑ http://www.npr.org/blogs/money/2012/07/18/156928675/episode-387-the-no-brainer-economic-platform
- ↑ Bernácer Prize. For promoting economic research in Europe
- ↑ "The FP Top 100 Global Thinkers". Foreign Policy. 26 November 2012. Archived from the original on 28 November 2012. Retrieved 28 November 2012.
External links
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Wikiquote has quotations related to: Luigi Zingales |
- Roberts, Russ (July 2, 2012). "Zingales on Capitalism and Crony Capitalism". EconTalk. Library of Economics and Liberty.
- Appearances on C-SPAN