Politicians should do it for the greater good… if salaries were to decrease… more people will do it for passion, and I think that’s the way to go.— Professor Lorenzo Fioramonti
I invested in cryptocurrencies at the very beginning… Bitcoin is still at $6000… the economy is changing so rapidly… some of the conventional wisdom doesn’t work anymore…— Professor Lorenzo Fioramonti
Each week The Money Show’s Bruce Whitfield interviews a famous person about her or his attitude to money (hopes and fears, successes and failures, etc.) as part of his weekly “Make Money Mondays, Personal Edition” feature.
This week he interviewed Professor Lorenzo Fioramonti.
Fioramonti is the Italian Deputy Minister of Education.
He has, however, kept his job (he's on unpaid leave) as the Director of the Centre for the Study of Governance Innovation at the University of Pretoria.
Fioramonti has been a guest on The Money Show twice before:
- ‘Smart redistribution’ can make life better for everyone (including The Rich)
He is known for viewing Gross Domestic Product (GDP) as a poor metric for measuring economic health and an impediment to building better societies.
What does Fioramonti believe about money?
Does it keep him up at night?
- Does he have any extravagances?
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
I miss South Africa a great deal…— Professor Lorenzo Fioramonti
My theories are very radical…— Professor Lorenzo Fioramonti
Europe and Africa are brothers and sisters… They can only succeed or fail together… Colonialism is in our blood… We have to find a different way… There’s a risk that Europe will have a more hostile relationship with Africa…— Professor Lorenzo Fioramonti
I kept my job in Pretoria… I’m on unpaid leave…— Professor Lorenzo Fioramonti
My first job was I academia… This is only the second time I leave it...— Professor Lorenzo Fioramonti
Academia is not the highest paying sector, but it’s good quality money… you can save... As a public servant, I get a good salary…— Professor Lorenzo Fioramonti
I bought a small shop in Rome… it wasn’t a great investment… I bought a little apartment in Berlin. At the time it was cheap… now, the value is more than three times as much.— Professor Lorenzo Fioramonti
I’ve never invested in the stock exchange… because I know it too well…— Professor Lorenzo Fioramonti
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:
Recommendedby NEWSROOM AI
Sun International slashed the value of its prize asset by R306 million. Bruce Whitfield interviews its CEO, Anthony Leeming.
Bruce Whitfield interviews Mohsin Tajbhai, acting CEO at Grand Parade Investments, the owner of Burger King in South Africa.
The Money Show’s Bruce Whitfield interviews Gradidge about his attitude to money (hopes and fears, successes and failures, etc.).
The Steinhoff-debacle happened while the world praised SA for its auditing standards. Bruce Whitfield interviews Dr Steven Firer.
A story of hope for South Africa. The Money Show's Bruce Whitfield interviews Dr Adrian Saville (Cannon Asset Managers, Gibs)
The economy is toast. Personal finance expert Warren Ingram shares 13 highly effective tips for making ends meet.
A Muslim mom and former community spokesperson - now living in SA - recounts the deep-rooted history of Islamophobia in Australia.
eNCA reporter Aldrin Sampear and EWN's Mia Lindeque say the president experienced what ordinary South Africans endure daily.
ANC head of elections, Fikile Mbalula says the president is hard at work to resolve Eskom's problems.
The tribunal approved an application for a new skyscraper in Sea Point but residents are concerned about the building's scale.
Eusebius McKaiser facillitates a debate between callers about their frustrations due to load shedding.
Demand management senior general manager, Andrew Etzinger provides details of why load shedding has been implemented.
Eskom has warned that more power cuts can be expected as maintenance continues over the next twelve months.