

Capitalisn't
University of Chicago Podcast Network
Is capitalism the engine of destruction or the engine of prosperity? On this podcast we talk about the ways capitalism is—or more often isn’t—working in our world today. Hosted by Vanity Fair contributing editor, Bethany McLean and world renowned economics professor Luigi Zingales, we explain how capitalism can go wrong, and what we can do to fix it.
Cover photo attributions: https://www.chicagobooth.edu/research/stigler/about/capitalisnt.
If you would like to send us feedback, suggestions for guests we should bring on, or connect with Bethany and Luigi, please email: contact at capitalisnt dot com. If you like our show, we'd greatly appreciate you giving us a rating or a review. It helps other listeners find us too.
Cover photo attributions: https://www.chicagobooth.edu/research/stigler/about/capitalisnt.
If you would like to send us feedback, suggestions for guests we should bring on, or connect with Bethany and Luigi, please email: contact at capitalisnt dot com. If you like our show, we'd greatly appreciate you giving us a rating or a review. It helps other listeners find us too.
Episodes
Mentioned books

Jun 7, 2018 • 28min
All Roads Lead to Rome
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.

May 24, 2018 • 28min
Two Billion 'Truman Shows'
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.

May 10, 2018 • 32min
Opinions for Sale
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.

Apr 26, 2018 • 30min
Mo Crypto Mo Problems
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.

Apr 12, 2018 • 31min
Worse Than Brexit
‘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.

Mar 29, 2018 • 32min
Regulating Financial Weapons of Mass Destruction
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.

Mar 15, 2018 • 29min
A Firm Grip on the Labor Market
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?

Mar 1, 2018 • 29min
O. Contin Pusher, M.D.
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.

Feb 15, 2018 • 27min
The Moral Case Against the MBA
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.

Feb 1, 2018 • 30min
Capital Isn't in the 21st Century
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.