Rajan and Zingales defend capitalism, showing how financial markets free ingenuity, and create prosperity at a national and individual level. They argue against books like No Logo which roll corporate mis-management and unacceptable levels of business influence in countries all over the world, together with capitalism per se.
Raghuram Rajan received his Ph. D. from MIT and has taught at Northwestern University's Kellogg School of Management and MIT in addition to the University of Chicago. He has published in numerous industry publications, as well as the Financial Times. Luigi Zingales also earned his Ph. D. at MIT. In 2000 he won the Journal of Finance's Distinguished Paper Award for his outstanding papers in corporate finance. He is a research associate at the National Bureau of Economic Research.
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