Zingales Tells GOP to Go Populist

In an earlier post, I summarized Luigi Zingales’ analysis of why the big business pursuit of security differs from market capitalism’s desire for competition. At the end of my summary, I said

Zingales suggests where Republicans should be—leaving the corporate elite to the Democrats, and channeling populist rage into political support for genuinely pro-market reforms.

Now Zigales has his own Investor’s Business Daily article directly stating the GOP must go populist, and “take on the financial industry on behalf of everyone else.”