Stigler Center In the News 2018
December 24, 2018
Eni e quei documenti segreti dei pm contro il consigliere scomodo (Il Fatto Quotidiano)
L’intrigo che nel luglio del 2016 coinvolge l’Eni e la magistratura è una vera spy story. Sulla quale non soltanto la Procura di Milano, che già indaga sulla vicenda, ma anche il governo dovrebbe far luce il prima possibile.
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December 23, 2018
Eni's Clash With International Finance (Sahara Reporters)
The hearing of the Eni-Shell trial in Nigeria on Wednesday was entirely taken off the examination of witness Karina Litvack, representative of the institutional funds of large international finance in the board of directors of Eni. And the process has finally started.
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December 9, 2018
Economist Warns Trump Has Set American Politics Back Over 100 Years, Damage May Be Permanent [Opinion] (Inquisitr)
Luigi Zingales, a widely respected economist and professor at the Chicago Booth Business School who predicted the rise of Donald Trump to the Presidency as far back as 2011, warns that Trump’s “crony capitalism” has the potential to entirely shift American politics back to a bygone era.
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December 9, 2018
Prof Who Would've Talked to Bannon, "Early Hitler" Speaking at Convocation (Chicago Maroon)
The professor who has tried for months to get Steve Bannon to speak at the University of Chicago will give this year’s Convocation speech.
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December 9, 2018
An economist who predicted Trump's rise as early as 2011 explains how he's changing the face of American capitalism forever (Business Insider)
A widely respected economist who predicted the rise of Donald Trump as early as 2011 believes that by the time Trump's time in the White House is over, the face of American capitalism may be fundamentally altered forever.
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December 9, 2018
Amazon buying Target would 'accelerate an existing threat' to Walmart, says analyst who's doubling down on his call (Markets Insider)
On the first day of 2018, widely followed analyst Gene Munster of the venture capital firm Loup Ventures predicted Amazon would buy Target this year, a forecast that has yet to pan out with 22 days left.
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December 8, 2018
Raghuram Rajan’s student Krishnamurthy Subramanian is new Chief Economic Advisor (The Hindu)
The Appointments Committee of the Cabinet has approved the appointment of Krishnamurthy Subramanian as the new Chief Economic Adviser for a period of three years, according to an official notification issued on Friday.
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December 8, 2018
India's New Chief Economic Adviser Studied Under Raghuram Rajan, Thinks Note Ban Was Revolutionary (News 18)
Questioning if the poor had really suffered from demonetisation, he said the politicians claiming it were being disingenuous in pushing their claims for political gains.
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December 8, 2018
Krishnamurthy Subramanian appointed Chief Eco Adviser (Daily Pioneer)
The Centre on Friday appointed ISB Hyderabad academician Krishnamurthy Subramanian as Chief Economic Adviser (CEA) for a period of three years.
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December 8, 2018
ISB professor Krishnamurthy Subramanian to be new Chief Economic Adviser (DNA India)
A professor from the Indian School of Business (ISB) Hyderabad, Krishnamurthy Subramanian, was appointed as the Chief Economic Adviser (CEA) on Friday.
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December 8, 2018
Krishnamurthy Subramanian succeeds Arvind Subramanian as CEA (Economic Times)
The government on Friday appointed Krishnamurthy Subramanian, an associate professor of finance at the Indian School of Business, the chief economic adviser for a three-year tenure.
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December 8, 2018
Speed of revolving door between SEC and private sector is shocking, says expert on regulatory capture (Marketwatch)
The Stigler Center’s Luigi Zingales suggests paying SEC attorneys more in exchange for a longer period of ‘cooling off’
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December 7, 2018
With eye on budget, Modi govt appoints Krishnamurthy Subramanian its CEA (India Today)
Krishnamurthy Subramanian has been a strong supporter of demonetisation and critique of dynasty in politics.
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December 7, 2018
CEA-designate Krishnamurthy Subramanian is ‘serious researcher, astute observer’ (The Hindu)
Newly-appointed Chief Economic Advisor Krishnamurthy Subramanian, affectionately called as ‘Subbu’ by his friends and colleagues, is an “outstanding choice for the job”, according to those who have worked and are currently working with him.
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November 29, 2018
Working for a purpose (The Economist)
The modern company has morphed into a “money monster” enslaved to the doctrine of shareholder value.
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November 27, 2018
The surprising fragility of a powerful perk: company culture (Quartz)
Human beings cannot interact without developing a culture. Wherever we flock together, we wordlessly build codes of conduct, hold each other up to unspoken expectations, and quietly define the emotional life for the group.
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November 19, 2018
Surveillance: Potential For Inflation With Mann (Bloomberg Surveillance Podcast)
Luigi Zingales, University of Chicago Booth School of Business Finance Professor, thinks Salvini wants the confrontation with the EU for political reasons.
Listen here »
November 16, 2018
Learn Less In College, Earn Less In Your Job (Forbes)
On the question of whether college is worth it, the jury is in. College is absolutely worth it. The supporting research is piled high.
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November 15, 2018
Why Amazon Runs Toward Government With HQ2 (Forbes)
Nobel laureate economist George Stigler never streamed a video on Prime or ordered a pizza with Echo. He died in 1991 before Amazon set up shop in Seattle. But Stigler would understand the company’s plans to build a “National Landing” headquarters in the seat of U.S. government.
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November 15, 2018
Across the West powerful firms are becoming even more powerful (The Economist)
One bright morning earlier this year your correspondent travelled from New York to the University of Chicago to attend a conference on the threat to prosperity posed by monopolies.
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November 11, 2018
Public companies should prioritise shareholder welfare, not value (Financial Times)
Luigi Zingales argues Milton Friedman’s notion that a company’s only duty is to maximise value for shareholders is mistaken. Shareholder welfare, not value, should be the priority, he writes.
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November 2, 2018
ECB Could Miss Rate-Hike Cycle, Pimco's Frieda Says (Bloomberg Surveillance)
Gene Frieda, global strategist at Pacific Investment Management Co., and Luigi Zingales, finance professor at University of Chicago Booth School of Business, discuss global interest rates and bond markets. They speak on "Bloomberg Surveillance."
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November 2, 2018
Zingales Sees 20% Chance of Italy Leaving Euro in Five Years (Bloomberg Surveillance)
Luigi Zingales, finance professor at University of Chicago Booth School of Business, discusses lingering suspicions that Italy's populist government wants to lead the nation out of the 19-nation euro zone. He speaks on "Bloomberg Surveillance."
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November 1, 2018
The social costs of ride-hailing may be larger than previously thought (The Economist)
A new study says congestion from Uber and Lyft drivers is leading to more deaths on the road.
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November 1, 2018
Opinion: Who Will Flinch in a Game of Chicken Between Italy and the E.U.? (The New York Times)
The short-term political interests of both sides are in a collision with their long-term political and economic interests — not to mention the global economy’s.
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October 31, 2018
Eni did not make thorough checks in Nigeria deal – former board member (Reuters)
Eni made no thorough background checks on a middleman it hired to broker a $1.3 billion Nigerian acquisition, a former board member of the Italian oil group told a Milan court.
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October 28, 2018
Study: More fatal traffic accidents since launch of ride-hailing services (Chicago Sun-Times)
A new working paper by the University of Chicago Booth School of Business found an increase of 2 to 3 percent in fatal accidents on the road since the introduction of ride-hailing services like Uber and Lyft.
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October 25, 2018
Uber and Lyft’s Link to Traffic Fatalities (Citylab)
Since ride-hailing is putting more cars on the roads, one study finds that mobility services are also contributing to the rising number of fatal crashes.
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October 24, 2018
The meteoric rise of Uber and Lyft may have spurred a deadly outcome, according to new research (Business Insider)
A new study from University of Chicago and Rice University researchers shows an uptick in fatal car crashes after Uber and Lyft launched in a city.
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October 24, 2018
Study: Uber and Lyft are Increasing Traffic Deaths (Streetsblog USA)
Uber and Lyft are not just increasing congestion and hurting transit, they are literally killing us.
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October 23, 2018
Updated: Ubers And Lyfts May Increase Road Deaths, Study Claims (Forbes)
Ridesharing is often touted as improving traffic safety by removing potential drunk drivers from the road. But new research suggests that these services are actually increasing accident rates, and costing a rough estimate of $10 billion in economic losses from deaths each year, according to preliminary findings of a soon-to-be released working paper that was shared with Forbes.
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October 19, 2018
Cecil Bohanon & Nick Curott: Sears just didn't keep up; others should take note (Indianapolis Business Journal)
Sears’ days are numbered. The once mighty retail behemoth is going extinct. Everyone knows the one-word cause of its demise: Amazon.
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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 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? (The Conversation)
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
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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