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 John Frankensteiner: William Friedkin being a god of chaos, a thread
🐦🔗: https://n.respublicae.eu/JFrankensteiner/status/1688747537916706816
Congratulations to both! Looking forward to reading it.
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John Van Reenen: Just arrived - my new book with @ufukakcigit ! Perfect for some summer holiday light beach reading…..
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🐦🔗: https://n.respublicae.eu/lugaricano/status/1689032599115563008
An obvious, but hard, relationship tip.
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Tim Urban: Relationship tip: when your partner makes an awful but innocent mistake (leaves their phone in the cab, forgets their passport when heading to the airport for an international flight, drops and shatters a beloved item, gets in a fender bender, etc.), don't get mad at them. It…
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🐦🔗: https://n.respublicae.eu/lugaricano/status/1689380384897724416
Muy entristecido por las noticias del fallecimiento de Veronique Trillet-Lenoir. Una excelente persona y una gran eurodiputada, que sienpre trabajó por la salud de todos los europeos. DEP.
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Stéphane Séjourné: Je viens d’apprendre avec une infinie tristesse le décès de Véronique Trillet-Lenoir, députée européenne @Ensemble_UE qui siégeait avec @RenewEurope au Parlement européen.
Les mots sont aujourd'hui bien peu de choses pour dire notre émotion et notre peine.
Modèle d'intégrité,…
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🐦🔗: https://n.respublicae.eu/lugaricano/status/1689388215256432640
A guessing game:
This picture of a shooting below his house was taken by one of my sons last night. One son is in Lebanon, the other in Washington DC. Which one do I worry about?
Hint: murder rate:
-In DC: 30 per 100k.
-In Lebanon: 2.3 per 100k.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1688595981200244757
Re I find it ridiculous that the US cannot use its might to solve this eminently solvable problem.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1688596421535055886
What a brilliant piece about the meaning of life, from someone on the verge of losing it.
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Cecily Gayford: My brilliant & brave husband Ali writing in @ST_Newsreview today about being young with terminal cancer, and the wild and terrifying (but full of joy!) two years since he got ill. I'm so proud of him every single day, but especially today. https://www.thetimes.co.uk/article/i-was-diagnosed-with-brain-cancer-then-had-the-best-year-of-my-life-v6z8ss2b6
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🐦🔗: https://n.respublicae.eu/lugaricano/status/1688299301464625152
Olivier, great point. But why does it not apply to the EU, which has an even more disfunctional budget process - one where adjustment may depend on credibility of a threat by ECB that involves, at worst, blowing up the Euro?
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Olivier Blanchard: 3/ Step 2. Assess how likely it is that the budget process will deliver the necessary adjustment. This depends on the formal institutions, on the existing fiscal rules if any, and the larger political dynamics. Hard but necessary to assess.
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🐦🔗: https://n.respublicae.eu/lugaricano/status/1687750119163117568
Re @Alea_ Talking, of course, about national debts.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1687797385039147008
RT Ray Fisman
"Duke University is finalising a probe into one of its most high-profile professors..." attn: @lugaricano
https://www.ft.com/content/e8e0ccc0-1e65-4ebd-811c-fd2dc4ef3d1e
🐦🔗: https://n.respublicae.eu/RFisman/status/1687924761391968257
RT Pablo Pérez
3 August 1949 | The statute of the Council of Europe enters into force.
Europe's oldest political body -@coe- emerged from the ashes of WWII.
"We cannot aim to anything less than the Union of Europe as a whole" said Winston Churchill
#EUHistory 🇪🇺 #OnThisDay
🐦🔗: https://n.respublicae.eu/PabloPerezA/status/1686992665542299648
Re @duncanrobinson Sitting in LCY. Shower to gate: 30 mins.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1686993749279195136
Important piece by @AdamPosen. The basic hypothesis is that China's growth will be permanently damaged by Xi's authoritarian turn. What follows is that the US should change its aggressive stance and let Xi do the work of slowing down China for us.
https://www.foreignaffairs.com/china/end-china-economic-miracle-beijing-washington
🐦🔗: https://n.respublicae.eu/lugaricano/status/1687004324931522560
RT Olivier Blanchard
More than the level of debt or even debt service, what matters most for debt sustainability is whether the budget process is functional or disfunctional, whether it can adjust if the need arises. The US budget process is disfunctional. Fitch downgrading was reasonable.
🐦🔗: https://n.respublicae.eu/ojblanchard1/status/1687004406707785729
The irony: radical free-marketeers are responsible for the largest increase ever in red-tape.
https://on.ft.com/43OHUEZ via @FT
🐦🔗: https://n.respublicae.eu/lugaricano/status/1687034559328645121
Orban: toxic for Europe, toxic for the Hungarians. Hopefully this is finally about to become clear to his voters?
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Holger Zschaepitz: Good Morning from #Hungary which can be called the sick man of Eastern Europe. Important economic figures indicate that the recession-hit economy contracted for a 4th consecutive quarter in a blow to PM Viktor Orban. Retail sales fell an 8.3% YoY in June, dropping for a 7th…
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🐦🔗: https://n.respublicae.eu/lugaricano/status/1687417733799923712
RT Ray Fisman
From Hartford, the "sign-at-top" insurance company: the Ariely data were doctored. https://www.npr.org/2023/07/27/1190568472/dan-ariely-francesca-gino-harvard-dishonesty-fabricated-data
🐦🔗: https://n.respublicae.eu/RFisman/status/1684901748732018688
RT Guy Verhofstadt
Stabbing Ukraine in the back… while building a whole regime on misuse of EU funds.
Only Orbán can do that… and only because we let him ! 🛑
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Zoltan Kovacs: ❗️@PM_ViktorOrban: This war is no longer the war of the Ukrainians. Of course, they are the ones who are suffering the most, but we all know that Ukraine's sovereignty is practically gone. A country that has no financial revenue of its own, that cannot even run its own civilian…
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🐦🔗: https://n.respublicae.eu/guyverhofstadt/status/1684913756696956928
RT steve hsu
This footnote from Chetty says it all re: recent admissions schemes to drop SAT in favor of other metrics like GPA / class rank.
It's all fraud, and state legislatures should investigate universities involved in this.
https://opportunityinsights.org/wp-content/uploads/2023/07/CollegeAdmissions_Paper.pdf
🐦🔗: https://n.respublicae.eu/hsu_steve/status/1684919741469573120
Re @paulg Disagree. This is useless to most people. We do not undestand even a tiny fraction of what we do. Cyclists or billiard players know no physics. Office workers know no electronics (PCs). Cooks know no chemistry. Humans had to wait thousands of years before understanding fire.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1684923303440302080
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
