Luigi Zingales
| Luigi Zingales | |
|---|---|
 |
|
| Born |
Luigi Zingales February 8, 1963 Padua, Italy |
| Nationality | Italian-American |
| Field | Business economics |
| Alma mater |
Bocconi University (B.A.) MIT (Ph.D.) |
| Doctoral advisor |
James M. Poterba Oliver Hart |
| 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". 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'."
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. 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. Zingales also serves as a member of the Committee on Capital Markets Regulation.
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. Perhaps most interesting is his support of the United States debt ceiling, which is almost universally held in low-regard by his colleagues.
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