Capitalism is the engine of prosperity.

Capitalism sows the seeds of its own demise.

 

Could both be right?

Luigi Zingales (University of Chicago) and Kate Waldock (Georgetown) share the sort of irreverent banter you’d hear between economists at a bar, if economists were capable of sarcasm and social enough to go out to bars.

 

Produced by Matthew Hodapp

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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.