Daniel Lacalle

Daniel Lacalle Fernández (born 5 August 1967) is a Spanish economist. He works as an investment manager and as a professor of global economics.[1][2][3] 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 People's Party, the party with which he ran in the Spanish general elections of April 2019.[4][5] He resides in London.

Daniel Lacalle
Lacalle in 2018
Born (1967-08-05) 5 August 1967
Madrid, Spain
Education
OccupationEconomist
Employers
MovementLiberalism, Austrian School, Conservatism
ParentJosé Daniel Lacalle Sousa
Websitedlacalle.com/en

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.[6] 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.[2][3] 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.[7] 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).[8] 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.[9][2]

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.[10]

Since 2015, Lacalle has been the Chief Economist at Tressis.[11][2] 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.[12]

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[13] said he had properly referenced others' work and denied that it constituted plagiarism.[14]

Lacalle started legal actions against El Diario in June 2022,[15] which was legally forced to publish two rectifications from Lacalle.[16] [17]

Bibliography

Books
  • Lacalle, Daniel (2014). Life in the Financial Markets: How They Really Work And Why They Matter To You. Wiley. ISBN 978-1118914878.
  • Lacalle, Daniel (2015). The Energy World is Flat: Opportunities from the End of Peak Oil. Wiley. ISBN 978-1118868003.
  • Lacalle, Daniel (2018). Escape from the Central Bank Trap, Second Edition: How to Escape From the $20 Trillion Monetary Expansion Unharmed. Business Expert Press. ISBN 978-1949443684.
  • Lacalle, Daniel (2020). Freedom or Equality: The Key to Prosperity Through Social Capitalism. Post Hill Press. ISBN 978-1642934335.

References
  1. Lacalle, Daniel (24 September 2011). "Mi vida en un 'Hedge Fund'. Desde el corazón de la batalla" [My life in a 'Hedge Fund'. From the heart of the battle]. El Confidencial (in Spanish). Archived from the original on 11 June 2016. Retrieved 10 April 2021.
  2. "Daniel Lacalle Fernandez, Tressis Svsa: Profile and Biography". Bloomberg. Retrieved 10 April 2021.
  3. "The Author | dlacalle.com". www.dlacalle.com. Retrieved 10 April 2021.
  4. Chafuen, Alejandro (30 May 2019). "Right Wing Gains Create Difficult Environment For European Socialists. Spain An Exception". Forbes. Retrieved 10 April 2021.
  5. "Partido Popular's Lacalle on Spain's Election, Party Results, Economy", Bloomberg, retrieved 10 April 2021
  6. "Daniel Lacalle, así es el cerebro del programa económico del Partido Popular" [Daniel Lacalle, this is the brain of the Popular Party's economic program]. La Información (in Spanish). 26 March 2019. Retrieved 10 April 2021.
  7. "Daniel Lacalle - Agenda Contributor". World Economic Forum. Retrieved 10 April 2021.
  8. "Ecofin launches global oil & gas fund". Hedgeweek. 1 November 2011. Retrieved 10 April 2021.
  9. Segovia, Eduardo (20 May 2015). "Daniel Lacalle abandona la gestora Pimco pero no entrará en política con Aguirre" [Daniel Lacalle leaves the manager Pimco but will not enter politics with Aguirre]. El Confidencial (in Spanish). Retrieved 10 April 2021.
  10. Hita, Elena (31 March 2015). "Los partidos políticos fichan a economistas mediáticos para ganar las elecciones" [Political parties sign media economists to win elections]. El Mundo (in Spanish). Retrieved 10 April 2021.
  11. "Daniel Lacalle, nuevo director de Inversiones de Tressis Gestión" [Daniel Lacalle, new Director of Investments at Tressis Gestión]. Europa Press (in Spanish). 30 September 2015. Retrieved 10 April 2021.
  12. Terán, Fabricio (10 July 2017). "Daniel Lacalle se une al Instituto Mises como su nuevo Presidente" [Daniel Lacalle Joins the Mises Institute as its New President]. Centro Mises (Mises Hispano) (in Spanish). Retrieved 10 April 2021.
  13. "La lista de falsedades del periódico de Ignacio Escolar contra Lacalle". 31 May 2022.
  14. Larrouy, Diego (24 May 2022). "Daniel Lacalle obtained a doctorate 'cum laude' with a thesis full of "copy and paste" of other people's and own texts". eldiario.es. Retrieved 15 June 2022.
  15. "Daniel Lacalle llevará a los juzgados a Ignacio Escolar y a ElDiario.es por los bulos en su contra". 13 June 2022.
  16. "Rectificación de Daniel Lacalle". 31 May 2022.
  17. "Rectificación de Daniel Lacalle". 15 June 2022.
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