Zingales
@zingales • 28,794 subscribers
Economist at the Chicago Booth School of Business - Co-host of the podcast Capitalisn't. Per i followers italiani: @zingales_it
Videos
For decades, the standard economic blueprint for a middle-class society was simple: industrialization. But in our latest Capitalisn’t podcast, Dani Rodrik makes a very sobering case that this door is now effectively closed. The data is hard to ignore: - Even in China, the undisputed leader in production, tens of millions of manufacturing jobs are vanishing. - In the U.S., despite serious efforts to rebuild the industrial base, manufacturing’s share of total employment continues to fall. - The 10 largest occupations of the next decade are projected to all be in non-traded services like long-term care and retail. Rodrik argues the future of our society will be built on services because we simply have "no other choice". The question now is whether we can make those jobs productive enough to sustain a middle-class. Full podcast:
Zingales43,280 Aufrufe • vor 6 Monaten
If you ever took an Econ 101 class, you may have been sold a sanitized version of capitalism's “founding father”. We are taught to revere Adam Smith as a free-market promoter and popularizer of the "invisible hand." But what was left out of the textbooks is that Smith was also a theorist of power. Georgetown University Assistant Professor Glory Liu and author of “Adam Smith’s America” joined me on Capitalisn't to uncover the anti-crony thinker that modern economics ignored. It's time to rediscover the true Adam Smith. Catch the full Capitalisn't episode on YouTube or wherever you get your podcasts to understand why reclaiming Smith's true legacy is essential to fighting the cronyism that is suffocating our economy today.
Zingales30,428 Aufrufe • vor 4 Monaten
Capitalism is fundamentally amoral, it’s an engine designed for accumulation, not ethics. Without a state to set the "rules of the road," the engine eventually runs off the cliff. But not all states are created equal. In our latest Capitalisn’t podcast I argue that if we want a market that works for everyone, we can't just be "pro-market", we must be "pro-democracy." The two aren't just compatible; they are life-support for one another. Watch the full episode at this link:
Zingales27,220 Aufrufe • vor 7 Monaten
13 years ago, I warned US capitalism was becoming Italian—the Warner Bros. fight proves I wasn't pessimistic enough. In my view, both Netflix & Paramount’s bids are blatantly illegal. But what is truly appalling, even to an Italian, is that legality seems like it might matter less than politics.
Zingales14,249 Aufrufe • vor 7 Monaten
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