Why Benedict is the Right Pope (Economically)

From www.chiesa:

“Even the laws of market economics can explain the election of Pope Benedict XVI. This is what two internationally known economists — Luigi Zingales and Ettore Gotti Tedeschi — did during the days immediately following the conclave. Their analyses were published in ‘Il Sole 24 Ore,’ the leading Italian financial daily and the one most widely distributed in Europe, together with Britain’s ‘Financial Times.’

Zingales is a professor of entrepreneurship and finance at the University of Chicago Graduate School of Business. In the 2004, he and Raghuram G. Rajan published in the United States an essay that drew a great deal of attention: ‘Saving Capitalism from Capitalists.’ “

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