Luis Garicano 🇪🇺🇺🇦 @lugaricano@respublicae.eu

RT @fwred: ...although QT is not yet obvious in level terms.😅

🐦🔗: https://n.respublicae.eu/lugaricano/status/1653804474274840576

On Friday we honor and say goodbye to Lester Telser, a pIllar of @uchicago economics department, a member of the faculty (and coming in to the office everyday) since 1958.

🐦🔗: https://n.respublicae.eu/lugaricano/status/1653793439115538432

Another regional bites the dust?
PacWest down −3.02 (33.30%) today. Stock trading halted (and on two other regionals, $WAL and $MCB.

🐦🔗: https://n.respublicae.eu/lugaricano/status/1653408704820297729

RT @SamGregory: NO NO NO NO NO NO NO NO NO NO NO NO NO NO.

Don't do this - human rights defenders already have images and videos undermined - don't contribute to it by utilizing AI-generated imagery in this way. Yes, there will be ways to use AI-generated imagery for advocacy - this is not it. https://t.co/2oO3tXidOY

🐦🔗: https://n.respublicae.eu/lugaricano/status/1653089725761355776

RT @PhillipsPOBrien: Fascinating--a number of countries for the first time (most importantly China) have supported a UN resolution clearly naming Russia the aggressor in this war. China wont stop backing Russia--but boy Putin has put them in a predicament. https://t.co/1Ev7DF7nQw

🐦🔗: https://n.respublicae.eu/lugaricano/status/1653057169825337349

Rapidísima transición al vehículo elétrico en China. BYD (línea verde) que solo vende vehículos eléctricos es ya el primer fabricante por delante de VW. https://www.bloomberg.com/news/articles/2023-04-25/byd-overtakes-volkswagen-as-china-s-best-selling-car-brand?srnd=green&leadSource=uverify%20wall

🐦🔗: https://n.respublicae.eu/lugaricano/status/1653054960685432833

RT @Valen10Francois: In 1920, this historian managed to predict World War II step by step!

He called out the Anschluss and the Molotov-Ribbentrop pact included, by reading maps and history books

Buckle up, in this 🧵 we will explore the most prophetic book ever written in history https://t.co/vLjv9YBxhV

🐦🔗: https://n.respublicae.eu/lugaricano/status/1652877421022986241

Interesantísimo hilo sobre cómo Felipe II consiguió llevar y abastecer a los tercios en Flandes-cruzando media Europa, y evitando Francia. Una de las mayores hazañas logísticas de la historia.
RT @Valen10Francois: 1568: You're the King of Spain and the dutch provinces revolt.

But how can you send your army north if you find on your way a hostile England, a revanchist France and Dutch corsairs.

Enters the "Camino Español", the most extraordinary logistical feat …

🐦🔗: https://n.respublicae.eu/lugaricano/status/1652875326727376896

RT @robkhenderson: The most upvoted comments on this NY Times piece about meritocracy and the SAT: https://www.nytimes.com/2023/04/29/opinion/sat-college.html https://t.co/XV1HQMhnAH

🐦🔗: https://n.respublicae.eu/lugaricano/status/1652799672405184513

RT @AKurkov: These kids and other 4 were killed by russia in Uman. Today they were buried.

🐦🔗: https://n.respublicae.eu/lugaricano/status/1652790290179031041

RT @LucaFornaro3: Looking for a summer school in macro? Applications are open for the CREi Macroeconomics Summer School held in Barcelona.

I will be teaching a course on Macroeconomic Policy in the Global Economy.

https://bse.eu/study/summer-school/crei-macroeconomics https://t.co/wMqgquLgTE

🐦🔗: https://n.respublicae.eu/lugaricano/status/1651746216387006465

Genial visualización.
RT @pascal_bornet: A wonderful visualization of the effects of chest compressions on the body

A life-saving technique which main purpose is to pump the blood to the brain

Source: Action First Aid
#datavisualization #science #education https://t.co/pHLEKlo94W

🐦🔗: https://n.respublicae.eu/lugaricano/status/1651703483840471040

RT @spignal: It *looks* like a deer caught in headlights, but it's actually China's ambassador to France. Asked whether Crimea was part of Ukraine, he asserts the sovereignty of ALL post-Soviet countries (eg Latvia, Central Asia) is contested.
You can see from 1:40 he realises he's f*cked up

🐦🔗: https://n.respublicae.eu/lugaricano/status/1649813649400184832

RT @BGrueskin: You might think that a Stanford freshman winning one of the most prestigious journalism awards in the US would merit a mention by the university ... but when he wins the award for investigating the university president, maybe not so much https://stanforddaily.com/2023/04/20/editorial-board-what-does-stanford-stand-for/

🐦🔗: https://n.respublicae.eu/lugaricano/status/1649776282878504961

RT @Mylovanov: Sanctions were supposed to deny Russia's ability to finance the war. But sanctions were delayed and it didn't happen. Now sanctions are finally starting to bite. At the end of 2022 liquid reserves were slightly above 1 month of import. More facts: 1/

🐦🔗: https://n.respublicae.eu/lugaricano/status/1649235258913554433

RT @MarkusEconomist: Just received my new book "A Crash Courses on Crises" with @R2Rsquared from @PrincetonUPress

A perfect teaching companion for "Intermediate Macro" or "Money and Banking" course.

🐦🔗: https://n.respublicae.eu/lugaricano/status/1649218307931734017

Why is it so difficult to price carbon? Is it because of distributional consequences?

Economist answer: simply redistribute the revenues- poor will be much better off.

Example with carbon tax at $52, collecting $2.1tn for government in next decade.

🐦🔗: https://n.respublicae.eu/lugaricano/status/1648485472065429504

However, only a few places have carbon taxes. And those that have it set it way below $200 (at $4 on average!)

🐦🔗: https://n.respublicae.eu/lugaricano/status/1648485469087481856

This is even more the case if we include the health cost of particulate matter. Coal really should stay on the ground.

🐦🔗: https://n.respublicae.eu/lugaricano/status/1648485465769787392

Solution?

We must Price Energy at its full social cost- pollution should not be free.

Social cost of carbon is estimated by Greenstone at around $200. If we fully priced emissions we would find that Coal is MOST EXPENSIVE TECHNOLOGY!

Also (Germany!) nuclear is the cheapest.

🐦🔗: https://n.respublicae.eu/lugaricano/status/1648485463634882560