
Economist at the Chicago Booth School of Business - Co-host of the podcast Capitalisn't. Per i followers italiani: @zingales_it
Joined September 2008
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Zingales retweeted
Economist @zingales : "Capitalismās biggest political enemies are not the firebrand trade unionists spewing vitriol against the system but the executives in pin-striped suits extolling the virtues of competitive markets with every breath while attempting to extinguish them with every action."
Zingales retweeted
If there were an AI angle this would be front page everywhere with panic. But itās just your standard biowarfare risks of unleashing devastating disease.
Boring.
Russia's plague outbreak is getting worse, now with 5 hospitals in Irkutsk quarantined, universities canceling classes and accusations from healthcare workers that the government is attempting a media cover-up.
Nearly 200 contacts of a 28-year-old anti-plague laboratory worker who died last week are reportedly under isolation or medical observation.
Irkutsk universities are canceling classes citing a ācase of pneumonic plague,ā while an aluminum plant introduced mandatory masks. A local government warning advising residents not to travel to Shelekhov was published and later deleted.
Healthcare workers claim doctors are discussing plague internally while avoiding the diagnosis in official documents.
Russian health authorities continue to deny any plague outbreak, attributing the woman's death to āpneumonia of unknown origin.ā
Pneumonic plague is far worse that it's Bubonic cousin as its transmitted directly between humans.
Zingales retweeted
Replying to @UMich
@UMich Philosopher Elizabeth Anderson argues the American workplace isn't just hierarchical, it's unaccountable, and that quitting is not the remedy people think it is.
Check out the full Capitalisnāt podcast with @zingales and @bethanymac12 below š
Zingales retweeted
hot take from Zingales -- billionaires create value.
everyday mainstreet millionaires?
- beer distributors
- car dealers
- hospital execs
rent seekers.
the disconnect is that the local rent seekers don't get the political air coverage that the billionaires do.
so we tolerate rent seeking at the local level and attack perceived rent seeking for large enterprises.
I am highly sympathetic to this view!
rent seeking happens and is most deleterious at the local level. hospitals, beer distributors, car dealers...all great examples. but no one cares!
are there billionaires that engage in rent seeking? sure...and we go after them hard in political discourse.
The problem w/ main street millionaires is we tolerate or even celebrate their rent seeking.
The American Dream Is Still Alive, for Cronies
Is the American dream still alive? In a recent @WSJ article, @omzidar and Eric Zwick claim it is. Yet, their book provides a more nuanced picture.
The millionaires they celebrate are not inventors, creative entrepreneurs, disruptive innovators: they are mostly rent seekers. From car dealers to beer distributors, from real estate brokers to real estate developers, their āeverywhere millionairesā resemble more a list of antitrust violations than a monument to American ingenuity.
Does the American dream amount to achieving an antitrust exemption? To find out, listen to the latest episode of Capitalisnāt where Bethany and I discuss these issues with Eric: youtube.com/watch?v=qHha_z-0ā¦
Zingales retweeted
MITās @DAcemogluMIT joins #Capitalisnt hosts @bethanymac12 and @zingales to discuss why the system that delivered unprecedented freedom and prosperity abandoned the working class in favor of the college-education elite.
@StiglerCenter
ms.spr.ly/6015adP5Z
Zingales retweeted
Extremely appealing book and interesting interview with the great @lugaricano. Thanks to the Capitalisn't team for posting.
If credentials lose their signaling value to AI-generated resumes, we will revert to a world where personal connections dictate who gets hired.
That isn't competitive capitalism, itās cronyism. We discuss this future and how to get out of it with @lugaricano, author of āMessy Jobs: The Work That AI Cannot Reachā on our latest Capitalisnāt podcast:
youtube.com/watch?v=Vnp8yFsSā¦
Zingales retweeted
The health care industry spends more on lobbying than any other sector of the U.S. economy.
But who is lobbying for efficiency?
On Capitalisnāt, @zackcooperYale spoke with @bethanymac12 and @zingales about the voice missing in DC.
Zingales retweeted
Rupert Murdoch famously invested in Theranos without ever requiring a financial statement. But if billionaires choose to gamble their own fortunes without looking at the books, why should regulators step in?
š§ Listen to the full Capitalisn't podcast with @bethanymac12 and @zingales, on Jones' new book from @Harvard_Press Untamed Unicorns: Why Startup Finance Is Broken and How to Fix It below š
Zingales retweeted
"Labor is just another word for people." Not a sentence youād expect from a conservative. That's what makes this conversation with @zingales and @chris_griz worth your time.
youtube.com/watch?v=GAnKzBnZā¦
Zingales retweeted
How does a free, decentralized, volunteer-run encyclopedia produce something more trusted than many for-profit institutions?
@zingales & @bethanymac12 sit down with Wikipedia founder @jimmy_wales on the latest Capitalisnāt to explore how the platform organizes global knowledge.
š§ Full podcast below š
š¢#CallForPapers - Stigler Center-CEPR Political Economy of Finance Conference 2026: Crony Capitalism in 21st Century America
āDeadline: 1 June
Keynote: Simon Johnson @baselinescene
Organisers: @lambert_thom, Enrico Perotti, @r_jmagda, @zingales
ow.ly/tAUg50Z05jS
Zingales retweeted
USās economic exceptionalism was based on massive advantages from 250 years of commitment to rule of law ideals. Trump is destroying all of this. Investors must re-price.
āTrumpās Attack on Capitalismā ā¦@zingalesā©
promarket.org/2026/03/04/truā¦
Zingales retweeted
Who should the Fed answer to?
Former Deputy Governor of the Bank of England Sir Paul Tucker discusses central bank autonomy with #Capitalisnt hosts @bethanymac12 and @zingales
ms.spr.ly/6015QyEyP
Zingales retweeted
More evidence that Meta is following the tobacco industry playbook for avoiding responsibility. (See p. 5 for evidence that it's mostly Meta).
arxiv.org/pdf/2601.11507
Social media research has a major conflict of interest problem:
āhalf of the research published in top journals has disclosable ties to industry in the form of prior funding, collaboration, or employment. However, the majority of these ties go undisclosed in the published research...these findings suggest industry influence in social media research is extensive, impactful, and often opaqueā
arxiv.org/pdf/2601.11507
Zingales retweeted
Is capitalism a force of nature, or a human-made order that we have the power to shape?
Harvardās @Sven_Beckert discusses the history and nature of capitalism on #Capitalisnt with @bethanymac12 and @zingales.
via @StiglerCenter ms.spr.ly/6019tLzNT
Zingales retweeted
šWelcome Day - PhD in Economics & Management @UniPadova
š
27 October, 9:30 am šSala della CaritĆ , Padua
Inaugural lecture by @zingales_it (@ChicagoBooth) 'Citizen Investors: How the Democratization of Stock Ownership Can Improve Capitalism'. economia.unipd.it/en/welcomeā¦
#EconTwitter
Zingales retweeted
NEW on #Capitalisnt: @PrincetonCITP director @random_walker joins @zingales and @bethanymac12 to explain why he believes #AIās transformative impact is overstated. Drawing on his book "AI Snake Oil" (@PrincetonUPress), he argues that capitalismās incentives can distort technological progress, pushing hype faster than reality can deliver.
Listen now: capitalisnt.com/episodes/whaā¦
Zingales retweeted
What lessons can Japanās economic stagnation offer the US and other developed economies?
#Capitalisnt hosts @bethanymac12 and @zingales discuss with Takeo Hoshi of @UTokyo_News_en ms.spr.ly/6010s0llp
Zingales retweeted
NEW on #Capitalisnt: Takeo Hoshi, professor of economics at @UTokyo_News_en and leading expert on Japanās financial system, joins @bethanymac12 and @zingales to discuss Japanās lost decades of economic stagnation and missed opportunities, and if the US can avoid a similar fate if it is indeed on the cusp of its own economic bubble.
Listen now: capitalisnt.com/episodes/whyā¦




















