Episode 385: How Good Governments Go Bad




Planet Money show

Summary: <p style="font-size: 14px; margin: 0px 0px 10px;">You'll hear the complaint every now and then, when the global economy comes up, that the United States is becoming like Greece, or Spain, or Italy.</p><p style="font-size: 14px; margin: 0px 0px 10px;">But when <a href="http://faculty.chicagobooth.edu/luigi.zingales/" target="_blank">Luigi Zingales</a> says it, he should know: He's a University of Chicago economist. He was born in Italy. He studies, among other things, what has set the American economy apart from places like Italy.</p><p style="font-size: 14px; margin: 0px 0px 10px;">And he's worried.</p><p style="font-size: 14px; margin: 0px 0px 10px;">On today's show: How the U.S. is taking a few early steps down the risky road toward Italy, and how it could change course.</p>