University of Chicago economist Luigi Zingales labels his home country, Italy, as the home of nepotism and cronyism. But Zingales worries that his adopted home, the United States, is drifting toward the familiar type of crony capitalism that once prompted him to flee Europe.
Zingales details his concerns in the book A Capitalism for the People. He shared key themes from the book during an 87-minute John W. Pope Lecture Wednesday night at N.C. State University.
Click play below to watch the full program.