Luigi Zingales on the History of Ethnic Discrimination

The video explores historical discrimination against Italians in the US, comparing it to similar issues in Europe. It highlights the role of economic growth in reducing ethnic tensions and discusses the concept of a 'pecking order' among immigrant groups. The discussion shifts to political systems, comparing the US's bicameral system with Europe's multi-party system, and emphasizes the need for a unified European leadership. The challenges of federalism in Europe, particularly regarding debt consolidation and leadership, are also examined.

What does the speaker imply about the future of Europe in relation to historical divisions?

According to the speaker, what is necessary for the political future of Europe?