Chicago booth event: New Tech & Competition with Prof Zingales, Jeremy Stoppelman, & Hannah Kuchler
We are delighted to announce a fireside chat with Professor Luigi Zingales, Yelp's CEO Jeremy Stoppelman, and Financial Times journalist Hannah Kuchler about new technology and competition.
Big tech companies and competition: Professor Luigi Zingales, Director of the Stigler Center, has explored the question of how markets can help provide opportunity to all and in particular when the markets are not working to provide opportunity to all. Are the tech giants today bad for competition and well-functioning market? His books, Saving Capitalism from the Capitalists and A Capitalism for the People are widely reviewed books and his new podcast Capitalisnt explores current issues about how capitalism is working and how it is not. Yelp CEO Jeremy Stoppelman has built a company that has stood up to much larger companies and has spoken about how Big Tech can make it difficult for smaller players to participate in markets. Hannah Kuchler writes about technology for the Financial Times, reporting from Silicon Valley on how powerful tech companies are transforming the world. She specializes in writing about social media, including how Facebook has created a new era for privacy and disinformation, and ever-changing threats to cyber security. She writes a column for the Financial Times Weekend magazine on the peculiarities of tech culture. Kuchler has written for the Financial Times from the US, Europe and Asia, covering everything from Chinese internet companies to British politics.
Luigi Zingales, Panelist
Professor, Chicago Booth
Luigi Zingales's research interests span from corporate governance to financial development, from political economy to the economic effects of culture. He co-developed the Financial Trust Index, which is designed to monitor the level of trust that Americans have toward their financial system. In addition to holding his position at Chicago Booth, Zingales is currently a faculty research fellow for the National Bureau of Economic Research, a research fellow for the Center for Economic Policy Research, and a fellow of the European Governance Institute. He is also an editorialist for Il Sole 24 Ore, the Italian equivalent of the Financial Times. Zingales also serves on the Committee on Capital Markets Regulation, which has been examining the legislative, regulatory, and legal issues affecting how public companies function. In 2014 he was the President of the American Finance Association.
In July 2015 he became the director of the Stigler Center at the University of Chicago which he is refocusing on promoting and diffusing research on regulatory capture and the various distortions that special interest groups impose on capitalism.
His research has earned him the 2003 Bernácer Prize for the best young European financial economist. His work has been published in the major economic and finance journals, but he has publications also in Science and the Proceedings of the National Academy of Science.
His book, Saving Capitalism from Capitalists, coauthored with Raghuram G. Rajan, has been acclaimed as "one of the most powerful defenses of the free market ever written" by Bruce Bartlett of National Review Online. Of his latest book, A Capitalism for the People: Recapturing the Lost Genius of American Prosperity, the Financial Times has written "Zingales's fundamental diagnosis is right."
Born in Italy, Zingales carries with him a civic passion and the belief that economists should not just interpret the world, they should change it for the better. Commenting on his method of teaching on a few very important lessons rather than a myriad of details, Zingales says, "Twenty years from now they might have forgotten all the details of my course, but hopefully they will not have forgotten the way of thinking." Zingales received a bachelor's degree in economics summa cum laude from Università Bocconi in Italy in 1987 and a PhD in economics from the Massachusetts Institute of Technology in 1992. He joined the Chicago Booth faculty in 1992.
In addition to teaching and researching, Zingales enjoys travelling to developing countries.
Jeremy Stoppelman, Speaker
Co-founder and Chief Executive Officer, Yelp
Jeremy founded Yelp in 2004 with Russel Simmons, a former colleague at PayPal. Jeremy continues to drive the vision and product experience for the company, personally overseeing product development among other aspects of the business. Prior to Yelp, Jeremy completed his first year of Harvard Business School, but left after founding the company. Before attending business school Jeremy was VP of Engineering at PayPal. He holds a B.S. in computer engineering from the University of Illinois.
Hannah Kuchler, Moderator
Jounalist, Financial Times
Hannah Kuchler writes about technology for the Financial Times, reporting from Silicon Valley on how powerful tech companies are transforming the world. She specializes in writing about social media, including how Facebook has created a new era for privacy and disinformation, and ever-changing threats to cyber security. She writes a column for the Financial Times Weekend magazine on the peculiarities of tech culture. Kuchler has written for the Financial Times from the US, Europe and Asia, covering everything from Chinese internet companies to British politics.