Articles by Luigi Zingales:

Why Mass Testing Is Crucial: the US Should Study the Veneto Model to Fight Covid-19

The Italian experience suggests that locking downtowns is a necessary but insufficient condition to stop the spread of the disease. If 50 percent of the infected are asymptomatic, there is no hope of containing the disease unless we subject ourselves to massive testing. On February 22, 3 percent of the inhabitants of Vo Euganeo, a small town close to Padua, were infected. After two weeks in which the town was locked down and a massive testing program applied, only 0.25 percent were infected.

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Captured Western Governments Are Failing the Coronavirus Test

In deciding on possible countermeasures, residents of Western democracies often hear only two opposite perspectives: Is the priority to minimize the loss of human lives, or to minimize the impact that the countermeasures might have on the economy? Even the simplest cost-benefit analysis suggests that the US government should be willing to spend up to $65 trillion and lock down the country to avoid extra deaths.

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Paul Tucker on Unelected Power: A Technocrat against Technocracy

In a recent review of Paul Tucker’s new book Unelected Power (extracted here for ProMarket), Diane Coyle of the University of Manchester and the consultancy Enlightenment Economics took issue with Tucker’s application of his principles of delegation of power to competition policy. Luigi Zingales, in turn, addressed her objections with the following note on her review.  

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