Luis Garicano 🇪🇺🇺🇦 @lugaricano@respublicae.eu
Unofficial automated mirror. No copyright asserted. ∎ Economist. Back at LSE as a Professor at @LSEPublicPolicy Summer 2023. Non-resident Fellow @bruegel_org. Recovering MEP. Currently @ChicagoBooth.
Joined Apr 2022
RT @GuyVerhofstadt: The 1970's brain drain is back…says the man who is responsible for it!
🐦🔗: https://n.respublicae.eu/lugaricano/status/1617127208325369856
RT @sikorskiradek: It's of course nothing to do with #GloriousBrexit.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1617120773776330753
Mr @satyanadella @Microsoft no rocket science needed: start by using AI to remove a million little irritations of @Office.
Examples:
- Recognize user is typing in a different language: stop underlining!
- Recognize usar problably wants to send/save/open the most recent file
🐦🔗: https://n.respublicae.eu/lugaricano/status/1616749510927212544
3) Productividad/Multifactor productivity: no ha crecido en ninguno de los dos países desde 2007
🐦🔗: https://n.respublicae.eu/lugaricano/status/1616737859947331584
2) Endeudamiento público: se ha disparado igual en ambos paises desde la crisis, en alrededor de 90 puntos del PIB (fuente OCDE)
🐦🔗: https://n.respublicae.eu/lugaricano/status/1616737857292439552
Spain/UK a tale of two twins.
Historia de dos economías gemelas desde 2007
Comparado con el nivel del debate en el RU (ver a @TimHarford hoy en el @FT), sorprende la falta de debate en España sobre el estancamiento de nuestra economía.
1) PIB per capita: estancados en 2007.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1616737854746689538
RT @delaFeriaR: Why does everyone think VAT cuts are a good idea?!
In this paper, we consider, for the 1st time, the political economy of VAT base design, to explain positive public perceptions of VAT cuts, despite strong evidence against them.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1616413040789913601
What are the best AI use cases?
Thread with some answers.
RT @MStothard: For the past 50 years the internet has had one core function: moving content from one place to another.
Now that function has been upended thanks to generative AI, which allows for sophisticated creation by machines.
Like this deep fake dancing Tom Cruise 😜
🧵 1/16
🐦🔗: https://n.respublicae.eu/lugaricano/status/1616034435815833601
"where fiscal sustainability is in doubt, and the government has insufficient resources to recapitalise the CB, there is the risk that trust in both government debt and the fiat money in which it is denominated could break down simultaneously"
@JohnHCochrane @masuch_klaus
RT @BIS_org: #CentralBanks can operate with negative equity, but new research on the Bank of Amsterdam shows that there are limits; fiscal backing is key to ensure #Trust in #FiatMoney https://ww…
🐦🔗: https://n.respublicae.eu/lugaricano/status/1616026602214723588
RT @AlecStapp: Just thinking about how the United States could have been the world leader in 5G technology instead of China if we had just given *one guy* a green card when he needed one
🐦🔗: https://n.respublicae.eu/lugaricano/status/1615795674217422853
RT @Dasha_Navalnaya: Two years ago today my dad returned to Moscow to fight for a democratic, free and beautiful Russia. Today we are launching a campaign to free him. Join now! Say no to war! Free Alexey Navalny!
🐦🔗: https://n.respublicae.eu/lugaricano/status/1615782520162844672
Fuente
?s=20&t=4K66ea1CxDVssJgkoo16dg
( y sí, en España las regiones más ricas "reciben" en vez de compartir)
Gracias @goncharev
RT @thomasforth: @IPPRNorth So what does that look like? Well Spain and Germany have quite similar regional inequality in GDP, but regional fiscal transfers in Germany mean it has much lower regional inequality in income. You can see that on a scatter plot.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1615292547886157826
El resultado de esto únicamente hispano de que el "nacionalismo es progesista": la redistribución regional española va hacia los ricos. Somos el único país donde las desigualdades regionales tras redistribuir (desigualdades de ingresos) son mayores que antes de redistribuir.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1615292544669351936
Siguen las buenas noticias para el precio del gas natural en Europa. El invierno del 2023 seguramente está vencido (con los depósitos aún llenos). El del año que viene, probablemente, también.
Putin descubriendo el riesgo que tiene amenenazar con dispararse a sí mismo en el pie.
RT @martenkokk: Natural gas prices in Europe 🇪🇺 keep falling - dropped to the lowest level since September 2021. Good news for Europe, no doubt!
🐦🔗: https://n.respublicae.eu/lugaricano/status/1615280885300961280
Una historia del día de Martin Luther King en los EEUU.
Julia Roberts cuenta aquí que fue King quien pagó el hospital en su nacimiento. Sus padres no tenían dinero y King les estaba agradecido pq habían aceptado (frente a la discriminación) a sus hijos en su escuela de teatro
RT @BerniceKing: Grateful that #JuliaRoberts shared this story with @GayleKing and that so many people have been awed by it.
I know the story well, but it is moving for me to be reminded …
🐦🔗: https://n.respublicae.eu/lugaricano/status/1615052022130298880
Excellent. The EU is (finally!) delivering.
RT @SergiiMarchenk3: Signed €18bln Loan Agreement & MoU with #EU. These funds will help to cover urgent budget needs in 2023. First €3bln tranche is expected later this week. Grateful to 🇪🇺 for providing 🇺🇦 predictable and timely assistance #MFA.
@VDombrovskis
@EU_Commission
🐦🔗: https://n.respublicae.eu/lugaricano/status/1614933571856121857
Is "prompt engineer" the job of 2023? Will this market develop below the n=1 above? Will it substitute coding?
@tim argues below in the @ft that that Prompt Engineers are just a feature of "early" ChatGPT and that as fast as the job is created it will be destroyed.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1614896128952094721
To get the "right" answer from ChatGPT you need to ask questions in the right way.
Many people disappointed with ChatGPT simply do not know how to ask questions. @goodside knows how to ask for good code.
Here is ChatGPT itself explaining what prompt Engineering would be.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1614896124959014914
Who is @Goodside, you ask?
He became famous by posting "prompts" to ChatGTP and getting impressive (coding) results (and ribbing @elonmusk in many of them).
?s=20&t=uXRCXz48Qm7IPWrA6fmXng
RT @goodside: POV: You're a Senior Data Engineer at Twitter. Elon asks what you've done this week. You've done nothing.
Frantically, you open ChatGPT.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1614896123021332484
RT @YuliaTymosha: This girl survived the missile attack miraculously while sitting in her bathroom. Imagine what she felt when everything around her collapsed, when people started screaming under the rubble. This could… no.. this can be me because russia is allowed to kills us every day.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1614369662422106120
Unofficial automated mirror. No copyright asserted. ∎ Economist. Back at LSE as a Professor at @LSEPublicPolicy Summer 2023. Non-resident Fellow @bruegel_org. Recovering MEP. Currently @ChicagoBooth.
Joined Apr 2022
