The Convocation Address

Luigi Zingales

Luigi Zingales is the Robert C. McCormack Distinguished Service Professor of Entrepreneurship and Finance at the University of Chicago Booth School of Business.

Zingales received a bachelor's degree in economics from Università Bocconi in Italy and a Ph.D. in economics from the Massachusetts Institute of Technology. He joined Chicago Booth in 1992. From 2005 to 2006 and 2014 to 2015, Zingales was Taussig Research Professor at Harvard University. In 2014, Zingales also served as the president of the American Finance Association.

While his research spans from political economy to the economic effects of culture, Zingales’ main research interest is corporate governance and the governance of capitalist systems, more broadly. He has written two widely-acclaimed books on this topic: Saving Capitalism from the Capitalists (2003) with Raghu Rajan and A Capitalism for the People (2012). Zingales has also created a new undergraduate course titled Crony Capitalism and recently launched a podcast, Capitalisn't, with Katherine Waldock from Georgetown University. Zingales also frequently contributes to The New York Times and the Financial Times regarding issues in corporate governance.  In 2015, Zingales became the director of Chicago Booth’s Stigler Center for the Study of the Economy and the State, where he promotes research on the various distortions that special interest groups impose on capitalism.

His work has been published not only in all the main economic and finance journals, but also in Science and the Proceedings of the National Academy of Science.  According to the Social Science Research Network, he is the tenth most-cited author in the social sciences. Zingales’ research has earned him several awards and honors, including the 2003 Bernácer Prize for the best young European financial economist. He is also a Fellow of the American Finance Association and of the American Academy of Arts and Sciences.