Zingales: Experts Are Out of Fashion in Current Politics

The transcript discusses the observation of American politics and economics, highlighting the recurring nature of political trends. It explores the appeal of politicians like Donald Trump and the distrust of experts, particularly in the context of Hillary Clinton. The role of experts in fostering long-term economic growth is debated, with skepticism about their ability to create immediate growth. The discussion extends to the impact of Brexit and the need for experts to better communicate with the public. The global political landscape is examined, comparing the situations in the US, EU, and Japan, with a focus on Angela Merkel's influence in Europe.

In what ways does the speaker suggest that Brexit is symptomatic rather than a cause?

Who does the speaker identify as the 'de facto president of Europe' and what is the significance of this role?