Daniel Lacalle
{{Short description|Spanish economist}}
{{use dmy dates|date=September 2022}}
{{Infobox person
| name = Daniel Lacalle
| image = (Daniel Lacalle) Foro España sin Filtros - Daniel Lacalle 01 (cropped).jpg
| caption = Lacalle in 2018
| birth_date = {{Birth date and age|1967|08|05|df=y}}
| birth_place = Madrid, Spain
| education = {{Ubl
| Autonomous University of Madrid
| Valencia Catholic University Saint Vincent Martyr (PhD)
}}
| occupation = Economist
| employer = {{unbulleted list|IE Business School|Repsol|Enagás|ABN AMRO|Citadel|PIMCO|Tressis|Mises Institute|}}
| movement = Liberalism, Austrian School, Conservatism
| parents = José Daniel Lacalle Sousa
| website = {{URL|dlacalle.com/en}}
}}
Daniel Lacalle Fernández (born 5 August 1967) is a Spanish economist. He works as an investment manager and as a professor of global economics.{{Cite web|url=https://blogs.elconfidencial.com/mercados/lleno-de-energia/2011-09-24/mi-vida-en-un-hedge-fund-desde-el-corazon-de-la-batalla_437549/|title=Mi vida en un 'Hedge Fund'. Desde el corazón de la batalla|last=Lacalle|first=Daniel|date=2011-09-24|website=El Confidencial|url-status=live|access-date=2021-04-10|language=es|trans-title=My life in a 'Hedge Fund'. From the heart of the battle|archive-url=https://web.archive.org/web/20160611202418/http://blogs.elconfidencial.com/mercados/lleno-de-energia/2011-09-24/mi-vida-en-un-hedge-fund-desde-el-corazon-de-la-batalla_437549/ |archive-date=2016-06-11 }}{{Cite web|url=https://www.bloomberg.com/profile/person/7016165|title=Daniel Lacalle Fernandez, Tressis Svsa: Profile and Biography|author=|website=Bloomberg|access-date=2021-04-10|language=en}}{{Cite web|title=The Author {{!}} dlacalle.com|url=https://www.dlacalle.com/en/the-author/|access-date=2021-04-10|website=www.dlacalle.com}} He is the author of several economics books as well as being a columnist and contributor to various print and digital publications. Ideologically, he is usually defined as a conservative liberal, close to but not affiliated with the Partido Popular, the party with which he ran in the Spanish general elections of April 2019.{{Cite web|url=https://www.forbes.com/sites/alejandrochafuen/2019/05/30/right-wing-gains-create-difficult-environment-for-european-socialists-spain-an-exception/|title=Right Wing Gains Create Difficult Environment For European Socialists. Spain An Exception.|last=Chafuen|first=Alejandro|date=2019-05-30|website=Forbes|access-date=2021-04-10|language=en}}{{Citation|title=Partido Popular's Lacalle on Spain's Election, Party Results, Economy|url=https://www.bloomberg.com/news/videos/2019-04-29/partido-popular-s-lacalle-on-spain-s-election-party-results-economy-video|website=Bloomberg|language=en|access-date=2021-04-10}} He resides in London.
Early life and education
He is the grandson of José Daniel Lacalle Larraga, Minister of Air during the Franco dictatorship, and son of the sociologist José Daniel Lacalle Sousa, author of several books on the labor market, a member of the Communist Party of Spain and head of the Economy and Society section of Fundación de Investigaciones Marxistas.{{Cite web|url=https://www.lainformacion.com/economia-negocios-y-finanzas/daniel-lacalle-programa-economico-partido-popular/6495927/|title=Daniel Lacalle, así es el cerebro del programa económico del Partido Popular|author=|date=2019-03-26|website=La Información|access-date=2021-04-10|language=es|trans-title=Daniel Lacalle, this is the brain of the Popular Party's economic program}} He graduated in Economic and Business Sciences from the Autonomous University of Madrid, and later completed his studies with a postgraduate degree at the IESE Business School of the University of Navarra. Additionally, he holds the title of International Financial Analyst (CIIA), and holds a PhD In Economics as well as a master's degree in Economic Research from the Catholic University of Valencia.{{Cite web|url=https://www.weforum.org/agenda/authors/daniel-lacalle/|title=Daniel Lacalle - Agenda Contributor|author=|website=World Economic Forum|access-date=2021-04-10|language=en}} He taught in the Master in International Financial Markets at the Instituto de Empresa (IE Business School) where he is a member of the faculty.
Career
Lacalle's professional career began in March 1991 at Repsol, where he spent eleven years and was responsible for international relations. He later moved to Enagás and ABN AMRO, specializing in energy and oil. In 2005, he refocused his career as a portfolio manager at the hedge fund Citadel, from which he moved to Ecofin Limited in 2007 (not to be confused with Ecofin).{{Cite web|url=http://www.hedgeweek.com/2011/11/01/135471/ecofin-launches-global-oil-gas-fund|title=Ecofin launches global oil & gas fund|author=|date=2011-11-01|website=Hedgeweek|access-date=2021-04-10|language=en}} Between 2014 and 2015 he worked at PIMCO, one of the largest global fixed income investment asset managers, assuming one of the group's vice presidencies.{{Cite web|url=https://www.elconfidencial.com/mercados/2015-05-20/daniel-lacalle-el-economista-de-camara-de-aguirre-abandona-la-gestora-pimco_851847/|title=Daniel Lacalle abandona la gestora Pimco pero no entrará en política con Aguirre|last=Segovia|first=Eduardo|date=2015-05-20|website=El Confidencial|access-date=2021-04-10|language=es|trans-title=Daniel Lacalle leaves the manager Pimco but will not enter politics with Aguirre}}
In Spain, he is known for writing books and for his presence in the media, where he has defended economic liberalism with measures such as reducing public spending and reducing the powers of the State, in addition to the privatization of strategic sectors.{{Cite web|url=https://www.elmundo.es/economia/2015/03/31/551a895e268e3e0d6a8b456d.html|title=Los partidos políticos fichan a economistas mediáticos para ganar las elecciones|last=Hita|first=Elena|date=2015-03-31|website=El Mundo|access-date=2021-04-10|language=es|trans-title=Political parties sign media economists to win elections}}
Since 2015, Lacalle has been the Chief Economist at Tressis.{{Cite web|url=https://www.europapress.es/economia/finanzas-00340/noticia-daniel-lacalle-nuevo-director-inversiones-tressis-gestion-20150930115200.html|title=Daniel Lacalle, nuevo director de Inversiones de Tressis Gestión|author=|date=2015-09-30|website=Europa Press|access-date=2021-04-10|language=es|trans-title=Daniel Lacalle, new Director of Investments at Tressis Gestión}} Lacalle has also presided over the Instituto Mises Hispano since 2017, an organization dedicated to disseminating the contents of the US Mises Institute in Spanish.{{Cite web|url=https://www.mises.org.es/2017/07/daniel-lacalle-se-une-al-instituto-mises-como-su-nuevo-presidente/|title=Daniel Lacalle se une al Instituto Mises como su nuevo Presidente|last=Terán|first=Fabricio|date=2017-07-10|website=Centro Mises (Mises Hispano)|access-date=2021-04-10|language=es|trans-title=Daniel Lacalle Joins the Mises Institute as its New President}}
Doctoral thesis controversy
In May of 2022, the Spanish publication elDiario said it uncovered evidence that significant portions of LaCalle's 2016 doctoral thesis, presented and defended at the Catholic University of Valencia, were not his original work, and included numerous word-for-word extracts and translations from articles and works previously published by others without referencing them as citations. LaCalle and the academic president of the judging panel of the Catholic University of Valencia{{cite web | url=https://www.libremercado.com/2022-05-31/la-lista-de-falsedades-del-periodico-de-ignacio-escolar-contra-lacalle-6902611/ | title=La lista de falsedades del periódico de Ignacio Escolar contra Lacalle | date=31 May 2022 }} said he had properly referenced others' work and denied that it constituted plagiarism.{{cite web |last1=Larrouy |first1=Diego |title=Daniel Lacalle obtained a doctorate 'cum laude' with a thesis full of "copy and paste" of other people's and own texts |url=https://www.eldiario.es/economia/daniel-lacalle-obtuvo-doctorado-cum-laude-tesis-plagada-copia-pega-textos-propios_1_9007362.html |website=eldiario.es |date=24 May 2022 |access-date=15 June 2022}}
Lacalle started legal actions against El Diario in June 2022,{{cite web | url=https://www.periodistadigital.com/periodismo/otros-medios/20220613/daniel-lacalle-llevara-juzgados-ignacio-escolar-eldiario-bulos-noticia-689404697397/ | title=Daniel Lacalle llevará a los juzgados a Ignacio Escolar y a ElDiario.es por los bulos en su contra | date=13 June 2022 }} which was legally forced to publish two rectifications from Lacalle.{{cite web | url=https://www.eldiario.es/economia/rectificacion-daniel-lacalle_1_9038865.html | title=Rectificación de Daniel Lacalle | date=31 May 2022 }} {{cite web | url=https://www.eldiario.es/economia/rectificacion-daniel-lacalle_1_9082707.html | title=Rectificación de Daniel Lacalle | date=15 June 2022 }}
Bibliography
= Books =
- {{cite book |last=Lacalle |first=Daniel |title=Life in the Financial Markets: How They Really Work And Why They Matter To You |date=2014|publisher=Wiley |isbn=978-1118914878|ref=none}}
- {{cite book |last=Lacalle |first=Daniel |title=The Energy World is Flat: Opportunities from the End of Peak Oil |date=2015|publisher=Wiley |isbn=978-1118868003|ref=none}}
- {{cite book |last=Lacalle |first=Daniel |title=Escape from the Central Bank Trap, Second Edition: How to Escape From the $20 Trillion Monetary Expansion Unharmed |date=2018 |publisher=Business Expert Press |isbn=978-1949443684|ref=none}}
- {{cite book |last=Lacalle |first=Daniel |title=Freedom or Equality: The Key to Prosperity Through Social Capitalism |date=2020 |publisher=Post Hill Press |isbn=978-1642934335 |ref=none}}
References
{{Reflist}}
External links
- {{Official website}}
- [https://youtube.com/c/DanielLacalleInEnglish Daniel Lacalle's channel] on YouTube
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