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 @f_poege: Finally out as working paper: "Competition and Innovation: The Breakup of IG Farben"
IG Farben used to be the world's largest chemical company, and its post-WW2 breakup ranks among the major antitrust events in history.
What happened to innovation?
https://t.co/5skVsUQ15I
Geniales los ejemplos ;-).
RT @JuanLuis_JG: El Gobierno baraja establecer controles de precios de alimentos ante el actual proceso inflacionario. Esta medida de política económica, que afecta a decisiones de productores y consumidores, ha sido evaluada en múltiples ocasiones con resultados positivos. Aquí ejemplos ⬇️
Also in Chili, as @davidshor and Mark Lilla have been warning, the focus of the identity-left on culturally divisive issues over economic ones and the shared national identity failed to get traction with working class voters.
Vote on Constitution by income level (Apruebo=yes)
Fascinante. Una vez más, las preocupaciones de la izquierda woke no son las de las clases medias y trabajadoras.
RT @PhillipsPOBrien: This seems so obvious that I don’t know why it’s not constantly being repeated. Helping bear the costs of a Ukrainian victory could be transformative to European security. A strong, united Ukraine in the EU could provide peace and prosperity for generations.
RT @carlbildt: Would anyone describe this is a happy and confident trio? Putin obviously doesn’t even want to talk with the commander of the 🇷🇺 armed forces.
Putin plays his last card (the gas cut!) like a a rookie poker player. Threatening Europe so explicitly helps European unity: not even the most cowardly European leaders will want to be seen to cave in front of this bombastic, over the top taunt.
RT @runews: Gazprom publishes a video „Winter will be great“. Corporate trolling.
.@TheLancet this editorial is a mistake. There is a place for politics, and a place for science. By taking political sides in a scientific journal, you waste your credibility. You want to avoid people doubting you when you write on masks or vaccines!
https://www.thelancet.com/journals/lancet/article/PIIS0140-6736(22)01662-2/fulltext?dgcid=raven_jbs_etoc_email
@PeterBofinger @MSchularick @ECON_tribute Peter that is not fair-- there was talk (Habeck) of mass poverty- that could not possibly mean "mass poverty for a few months".
RT @MSchularick: Very serious people — to use Krugman‘s words — essentially told us 6 months ago that this would be impossible: industrial gas consumption down some 20% without a meaningful output loss. They were wrong.
@ECON_tribute
¡Sorpresa! (No).
Miembros ilustres del Partido Comunista a punto de intervenir mercados para poner topes de precios. Como en todas las ocasiones anteriores, generará escasez y desabastecimiento. Y como en todas ellas, no aprenderán la lección y lo volverán a intentar.
RT @CincoDiascom: Díaz y Garzón contactan con la distribución para intentar poner tope al precio de 20 o 30 productos básicos https://cincodias.elpais.com/cincodias/20…
Al contrario que los países del norte, España no ha reducido nada el uso de gas en generación eléctrica. El coste de suprimir las señales de precios y subsidiar el consumo.
RT @DanielKral1: Countries closest to Russia (Baltics & Finland) have drastically reduced their reliance on natural gas in electricity generation this year.
The opposite happened in Southern Europe (even before the hot and dry summer or the "Iberian exemption" k…
Agreed! Worth listening to or reading the transcript.
RT @rodrikdani: Very interesting conversation between Roland Fryer and Stephen Dubner, on policing, DEI initiatives, education, and Harvard. https://freakonomics.com/podcast/roland-fryer-refuses-to-lie-to-black-america/
Buenísimas noticias de Chile. Gana el sentido común, pierde el infantilismo político. Abrumadora derrota de una malísima Constitución, populista y demagógica.
Aquí la explicaba @AndresVelasco
https://elpais.com/chile/2022-09-03/andres-velasco-el-texto-constitucional-propuesto-no-es-tan-progresista-como-parece.html
En rojo, el progreso del ataque ruso en los últimos tres meses. A esa velocidad la invasión tardaría dos siglos en concluir.
RT @DefMon3: Captured in 3 months: 612 km2
Left to capture: 481063 km2
Time at current speed: 786 months or 196.5 years
Out of what they had left to capture at 20220602 they have now captured 0.127%.
Now we cannot be scared of Putin retaliation. The gas stopped! Let's act on oil, tankers, insurance now!
RT @RobinBrooksIIF: Putin has two HUGE vulnerabilities. First, the West controls most of the global tanker fleet. Second, Russia has little storage capacity if Western oil tankers stop shipping out of Russian ports. The West is totally in control of Putin's ONLY money machine. With @JonathanPingle
RT @RobinBrooksIIF: Putin has two HUGE vulnerabilities. First, the West controls most of the global tanker fleet. Second, Russia has little storage capacity if Western oil tankers stop shipping out of Russian ports. The West is totally in control of Putin's ONLY money machine. With @JonathanPingle
RT @benbawan: It also shows, in my humble opinion, that we could have and we should have put an embargo on all and any Russian gas already back in March.
It would have been the right thing to do morally and geopolitically and we could have pulled it off economically and technically.
This is the key take away of the Commission proposal (and different from Spain´s implementation): The marginal price stays (and hence right incentives to economize and to substitute gas), the inframarginal rents are reduced by placing a ceiling on inframarginal technologies.
RT @NataliaFabra: 3/ Addressing inframarginal rents directly by limiting their prices is preferable (and more transparent) than doing it indirectly by affecting…
Mejor tarde que nunca: Alemania, con los verdes en el gobierno, dejará abiertas dos centrales nucleares en vez de cerrarlas en 2022 como Merkel había prometido.
¿Escuchará ahora la Ministra Rivera? ¿O seguirá reduciendo las opciones energéticas limpias de España?
RT @COdendahl: There we go: Germany is keeping 2 of its 3 remaining nuclear plants running for longer. https://www.handelsblatt.com/politik/deutschland/energieversorgungs…
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
