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Luigi Zingales on Incentives and the Potential Capture of Economists by Special Interests
FromEconTalk
Luigi Zingales on Incentives and the Potential Capture of Economists by Special Interests
FromEconTalk
ratings:
Length:
62 minutes
Released:
Oct 20, 2014
Format:
Podcast episode
Description
Luigi Zingales of the University of Chicago's Booth School of Business talks with EconTalk host Russ Roberts about Zingales's essay, "Preventing Economists' Capture." Zingales argues that just as regulators become swayed by the implicit incentives of dealing with industry executives, so too with economists who study business: supporting business interests can be financially and professionally rewarding. Zingales outlines the different ways that economists benefit from supporting business interests and ways that economists might work to prevent that influence or at least be aware of it.
Released:
Oct 20, 2014
Format:
Podcast episode
Titles in the series (100)
Giving Away Money: An Economist's Guide to Political Life: The economics of politics, rent-seeking, and lobbying, by Russ Roberts and Mike Munger. by EconTalk