Alle afleveringen
254 afleveringen, van nieuw naar oud
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Is Elizabeth Warren Right About Private Equity?
7 november 2019 · 38 min
Presidential candidate Elizabeth Warren blames private equity for many of the issues in our economy. She plans to reign it in and regulate it with her new bill the "Stop Wall Street Looting Act". On this episode, Kate and Luigi explain how private equity really works, whether it’s bad or good for society, and they dissect Warren’s proposal to regulate these firms.
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College Admission (In)Justice: Harvard and Beyond
24 oktober 2019 · 36 min
Getting into the right college is arguably more important than ever, which has put the justice or injustice of admissions processes in the spotlight. On this episode, Kate and Luigi give a fresh perspective on a recent admissions trial involving Harvard, explain its implications for college admissions in general, and ask whether the way elite universities choose their students is an example of capitalism working or failing.
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What It Takes To Win The Nobel Prize In Economics
10 oktober 2019 · 35 min
On this episode, Kate and Luigi explain how to win the econ Nobel, why it's important, and they attempted to predict who the 2019 winner might be. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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Economic Research: Nothing Precisely or Precisely Nothing?
26 september 2019 · 36 min
On this episode, you're going to hear how the sausage gets made in economic research as Kate and Luigi personally investigate whether private equity is to blame for the retail apocalypse. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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Should We Let Walmart Regulate Itself?
12 september 2019 · 36 min
In the last few weeks, we've seen two examples of seeming corporate self-regulation. One is Walmart's decision to end all handgun ammunition sales, and the other is the four largest automakers going around the Trump administration's less stringent fuel emission standards to cut a private deal with California that is closer to Obama era-emission standards. Lees meer
But there's an important overarching question to these two stories. Should companies really be taking it upon themselves to address issues when the government doesn't do a good job policing? Should these businesses be punished or praised? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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Shareholders vs. Stakeholders
29 augustus 2019 · 36 min
Many are praising a recent Business Roundtable announcement that corporations should serve stakeholders as well as shareholders. On the surface, this may seem like a historic reversal of the status quo that has held since Milton Friedman's famous "shareholder primacy" theory was put forward in the 70s. But it's not that simple. Lees meer
On this episode, Kate and Luigi layout the history of this theory, revealing that it's really been around for as long as we've been asking the most fundamental question in business: what is the purpose of a corporation? They explore that question, and interrogate the possible underlying motives behind the Business Roundtable's decision.
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Are Stock Buybacks Evil?
15 augustus 2019 · 35 min
Are stock buybacks evil? A lot of politicians seem to think so. Senators Bernie Sanders and Chuck Schumer wrote an op-ed in the New York Times this year calling for a limit on corporate buybacks. On this episode, Kate and Luigi break down what stock buybacks really are, how long they've been around, and whether we should ban them. Lees meer
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Universal Basic Income: Why and How?
1 augustus 2019 · 40 min
If you've been paying attention to Andrew Yang's Democratic presidential campaign, you're probably familiar with the concept of universal basic income. On this episode, Kate and Luigi give the economic outlook on how a UBI might work, or not work, and investigate how automation and techno-anxiety are driving the conversation. Lees meer
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The Student Debt Crisis: There's No Such Thing As A Free College
18 juli 2019 · 38 min
With Democratic presidential candidates making the student debt crisis one of the central issues of the 2020 race, Kate and Luigi give an in-depth economics look at the ideas of free college tuition and debt forgiveness, explain the history of how we got to into this student debt crisis, and debate some solutions for how to get out of it. Lees meer
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The Mickey Mouse Monopoly Club
4 juli 2019 · 34 min
Last episode, Kate and Luigi discussed how the patent system creates a temporary monopoly designed to make the incentives to innovate. But the real question is does the patent system, and our entire system of intellectual property for that matter, actually accomplish that goal? We start to answer that question by investigating one of the most powerful figures in intellectual property...Mickey Mouse. Lees meer
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Luigi Submits A Patent
20 juni 2019 · 33 min
After our series about the dangers of monopolies, we're going to investigate a situation in which the government actually works to create monopolies on purpose: the patent system. On the first of two episodes, Luigi and Kate examine whether our current patent system is helping or hurting capitalism. Lees meer
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Regulating Facebook and Google Pt 3: Tyler Cowen Rebuttals
6 juni 2019 · 35 min
In part three of our series investigating how digital platforms like Facebook and Google should be regulated, Tyler Cowen from George Mason University argues to Kate and Luigi that more regulation may not be the answer to all our questions about digital platforms. Lees meer
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Regulating Facebook and Google Pt 2: Politics
23 mei 2019 · 34 min
In part two of our series investigating how digital platforms like Facebook and Google should be regulated, Kate and Luigi dissect the ways these companies interact with our political system by speaking with Nolan McCarty, Susan Dod Brown Professor of Politics and Public Affairs at Princeton University. Lees meer
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Regulating Facebook and Google Pt 1: Markets
9 mei 2019 · 39 min
As digital platforms like Facebook and Google become globally powerful, some countries are investigating and even proposing legislation to regulate these companies. Building off a conference happening at the Stigler Center at the University of Chicago, Kate and Luigi speak with Fiona Scott Morton, a Professor of Economics at Yale, to interrogate these platforms from a traditional market structure perspective. Lees meer
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The Morality or Immorality of A Wealth Tax
25 april 2019 · 34 min
With Democrats like Alexandria Ocasio-Cortez and presidential candidate Elizabeth Warren proposing wealth taxes, Kate and Luigi break down how these taxes have or haven't worked in other countries and whether they could work in America. Lees meer
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The Ups and Downs of IPOs
11 april 2019 · 39 min
There’s an acronym you’ve probably heard in the news a lot lately: IPO. With companies like Pinterest, Airbnb and UBER all considering going public this year, Kate and Luigi break down why these companies already have huge valuations, and whether rich people have an unfair advantage when it comes to investing. Lees meer
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Codetermination: A Seat At The Table
28 maart 2019 · 33 min
Last year Elizabeth Warren proposed the controversial Accountable Capitalism Act. One of its most talked about proposals was focused on "codetermination." Kate & Luigi explain how it works, its effectiveness and examine one country that's been trying it out since the 1950s. Lees meer
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Is Global Antitrust Off the Rails?
14 maart 2019 · 28 min
In the wake of a blocked merger between the German and French rail giants Siemens and Alstom, Kate & Luigi debate the role of global antitrust regulators. How do they protect consumers while also helping domestic companies compete with state-supported rivals from China? Lees meer
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Millennial Socialists
28 februari 2019 · 35 min
Are millennials giving up on capitalism? A recent survey found a majority now prefer socialism. Luigi gets the scoop from our resident millennial, Kate, who says most simply want European-style social welfare, student-loan debt relief and campaign finance reform. Is that really so radical? Lees meer
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Pollution Pt 2: Contaminated Research
14 februari 2019 · 30 min
In our second episode on pollution, investigative journalist Carey Gillam joins Kate and Luigi to discuss her new book "Whitewash: The Story of a Weed Killer, Cancer, and the Corruption of Science." Gillam reveals how pesticide companies secretly influence scientific research and avoid EPA regulations. Lees meer
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Pollution Pt 1: The Sticky Side of Teflon
31 januari 2019 · 31 min
In the first of a two-part series on pollution, Kate and Luigi discuss the health hazards and economic costs of air pollution and contaminated drinking water from the toxic chemical PFOA (C8) found in Teflon. How did DuPont skirt regulation and avoid corporate responsibility for so long? Lees meer
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Warrenomics
17 januari 2019 · 30 min
As Sen. Elizabeth Warren (D-Mass) jumps into the 2020 Presidential race, Kate and Luigi examine her legislative record and economic policy proposals, including several bold ideas to reform American capitalism. Lees meer
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Why Capitalism Needs Journalism
3 januari 2019 · 34 min
Pulitzer Prize-winning journalist Steven Pearlstein drops by to talk with Kate & Luigi about the incredible shrinking newspaper -- especially the business section -- and why that's bad for the economy. His new book "Can American Capitalism Survive?" argues that the mantra of “maximizing shareholder value” ultimately caused Americans to lose faith in the free market. Lees meer
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The Financial Assassin
20 december 2018 · 33 min
Fahmi Quadir thinks short sellers get a bad rap. Known as the "financial assassin" for helping expose fraud and misconduct at Valeant, she tells Luigi that Tesla might be next. But Kate isn't convinced -- she thinks journalists and regulators are the real heroes. Lees meer
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Global Inequality Pt 2: Divergence
6 december 2018 · 28 min
In the second of a two-part look at global inequality Kate & Luigi talk about the downside of globalization. A listener's email sparks a conversation about what's driving the growing wage gap within the U.S. We survey the latest research on the lingering effects of the 'China Shock' and debate how to reverse the trend before the people revolt. Lees meer
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Global Inequality Pt 1: Convergence
22 november 2018 · 30 min
In the first of a two-part look at global inequality Kate & Luigi talk about the upside of globalization -- a decrease in income inequality between countries over the last few decades. How much of this can be attributed to China, and what was the secret to their success? Lees meer
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The People Vs. Democracy
8 november 2018 · 32 min
Yascha Mounk talks with Kate & Luigi about his new book "The People Vs. Democracy: Why Our Freedom Is in Danger and How to Save It." Recorded in front of a live audience, the conversation touches on recent populist uprisings and the extent to which they threaten liberal democracy. Lees meer
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Brazil on the Brink
25 oktober 2018 · 32 min
Populism strikes again as the world's 4th largest democracy is set to elect controversial right-wing politician Jair Bolsonaro as its next leader. Writer and lawyer Glenn Greenwald (now living in Brazil) tells Kate & Luigi how rampant corruption, violent crime and a struggling economy have given rise to yet another populist movement. Lees meer
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Ten Years Later Pt 3: The Next Crisis
11 oktober 2018 · 34 min
In our third and final episode on the 2008 financial crisis, Kate & Luigi look at recent volatility in the markets and try to predict the cause of the next financial crash with help from prominent economists Robert Shiller and Lawrence Summers. Lees meer
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Live taping of Capitalisn't in Chicago on October 8th
3 oktober 2018 · 1 min
Join us for a live taping of Capitalisn't on October 8 at the Union League Club in Chicago! Author Yascha Mounk will discuss his latest book, The People vs. Democracy, with co-hosts Luigi Zingales and Kate Waldock. Click here for details and free tickets! https://www.eventbrite.com/e/the-people-vs-democracy-with-yascha-mounk-katherine-waldock-and-luigi-zingales-tickets-49992656381 Lees meer
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Ten Years Later Pt 2: The Aftermath
27 september 2018 · 32 min
The second in a 3-part series on the 2008 financial crisis. In the weeks after the crash Luigi remembers petitioning the government for a better bank bailout. Looking back, he and Kate review everything from TARP to Dodd-Frank to see how we averted a worse recession. But did some CEOs get away with fraud? Lees meer
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Ten Years Later Pt 1: The Build-Up
13 september 2018 · 44 min
The first in a 3-part series on the 2008 financial crisis. Kate tells Luigi about being an intern at Lehman Brothers when it collapsed and then we debate the causes including subprime mortgages, investor fraud and an ill-advised speech from former President George W. Bush. Lees meer
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Sex, Power and the Ivory Tower
31 augustus 2018 · 30 min
Economists experience their first major #MeToo moment. Kate and Luigi explore the larger implications of a recent case involving a Columbia University professor who was found liable for retaliation against a female junior faculty member. Lees meer
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Antitrust Pt 3: The Europeans
16 augustus 2018 · 33 min
Our third and final episode on antitrust law looks at the E.U.'s recent $5 billion fine against Google. Kate and Luigi hear about double-sided markets from Nobel-winning economist Jean Tirole and explore the E.U. vs. U.S. approach to antitrust enforcement. Lees meer
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Antitrust Pt 2: The Populists
2 augustus 2018 · 30 min
The second in a special 3-part series on antitrust law. Kate and Luigi talk with Lina Khan, author of the article “Amazon’s Antitrust Paradox,” and a member of the New Brandeis Movement, which believes that antitrust enforcement should be more broadly applied and not just rely on consumer welfare. Lees meer
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Antitrust Pt 1: The Establishment
19 juli 2018 · 28 min
The first in a special 3-part series on antitrust law. In the wake of the approved merger between giants AT&T and Time Warner, Kate and Luigi talk with a leading expert, Carl Shapiro, about the evolving concept of consumer welfare and whether antitrust law needs to change with the times. Lees meer
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The Reluctant Central Banker
5 juli 2018 · 30 min
Do central bankers have too much power? Paul Tucker, a former official at the Bank of England during the 2008 financial crisis and author of the new book 'Unelected Power,' explains to Kate and Luigi how technocratic hubris can imperil democracy. Lees meer
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Abdomenable Transactions
21 juni 2018 · 30 min
Should a kidney be sold to the highest bidder? Luigi and Kate debate Nobel-winning economist Al Roth whose algorithm for kidney transplants has saved more than 6000 lives. Roth says matching markets could be used for everything from online dating to the global refugee crisis. Lees meer
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All Roads Lead to Rome
7 juni 2018 · 28 min
Why was Steve Bannon in Rome last week? Luigi and Kate look at the recent formation of Italy's populist government and analyze Bannon's attempt to forge a similar left-right coalition in the U.S. uniting supporters of Bernie Sanders and Donald Trump. Lees meer
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Two Billion 'Truman Shows'
24 mei 2018 · 28 min
Tristan Harris, a former design ethicist at Google and “the closest thing Silicon Valley has to a conscience,” warns Kate & Luigi about targeted digital advertising that creates individual, orchestrated experiences dictated by nothing more than an algorithm. Lees meer
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Opinions for Sale
10 mei 2018 · 32 min
As ad revenue continues to decline more and more news organizations are turning to paid and sponsored content. Luigi and Kate revisit the decades-old music payola scandal and debate how to ensure proper disclosure in the digital age. Lees meer
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Mo Crypto Mo Problems
26 april 2018 · 30 min
In the brave new world of cryptocurrency the latest frenzy involves Initial Coin Offerings (ICOs), which make Bitcoin look tame by comparison. Luigi and Kate explore this volatile, largely unregulated market and consider creating their own ICO. Lees meer
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Worse Than Brexit
12 april 2018 · 31 min
‘Quitaly.’ ‘Italeave.’ Whatever you call it, Italy’s recent election results are stoking fears that the once staunch supporter of the EU may be the next country to exit. Kate asks Luigi, our resident Italian expert, how we got here and why it matters. Lees meer
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Regulating Financial Weapons of Mass Destruction
29 maart 2018 · 32 min
10 years after dark pools of derivatives contributed to the Great Recession, former Commodity Futures Trading Commissioner Sharon Bowen tells Kate & Luigi how she helped bring transparency to the market and visited a few grain silos along the way. Lees meer
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A Firm Grip on the Labor Market
15 maart 2018 · 29 min
The U.S. economy may be booming, but despite a recent uptick wage growth remains stubbornly flat. Kate & Luigi examine the effect of monopsonies in the labor market among concentrated industries like Big Tech. Are companies colluding against workers and driving down wages? Lees meer
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O. Contin Pusher, M.D.
1 maart 2018 · 29 min
Are doctors and pharmaceutical companies to blame for the opioid epidemic? Kate & Luigi look at the role of supply and demand in fueling the distribution of prescription painkillers, and discuss the regulatory ramifications for medical marijuana. Lees meer
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The Moral Case Against the MBA
15 februari 2018 · 27 min
Are elite MBA programs producing morally bankrupt administrators? Duff McDonald, author of “The Golden Passport,” tries to convince Luigi & Kate that conflicts of interest and flawed case studies amount to an unethical education that harms society. Lees meer
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Capital Isn't in the 21st Century
1 februari 2018 · 30 min
Five years after Thomas Piketty’s surprise bestseller captured the zeitgeist of an anxious age, Kate and Luigi revisit the book to see how it holds up in the current political and economic climate. The verdict? Intriguing analysis, but limited impact. Lees meer
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Strange Fedfellows
18 januari 2018 · 28 min
It’s been 6 years since a member of the Federal Reserve improperly leaked information to an analyst. Kate & Luigi wonder what's really changed. Is the Fed still too cozy with big banks, the media and others with a financial stake in monetary policy? Lees meer
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College: What is it Good For?
4 januari 2018 · 27 min
As college enrollment goes up, social mobility continues its 50-year decline. Luigi and Kate look for answers in the latest research on the role of higher education. Are today’s universities engines of social mobility or simply bastions of privilege? Lees meer
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