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 @AmjadMKhanEsq: An astonishing specimen of systemic hate in #Pakistan in 2022: a Muslim bride must publicly curse the founder of the Ahmadiyya Muslim Community in order for her marriage to be legally accepted
🐦🔗: https://n.respublicae.eu/lugaricano/status/1607843364820627456
Sin tapujos. Pura compra de votos. Sin ninguna consideración para las consecuencias para la estabilidad presupuestaria de España.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1607737197997727745
Without any doubt, the most important technology news of 2022 is OpenAi's GPT3. Everything in our lives will be impacted.
Here: the future of programming in the rapidly advancing "blackbox" AI world where"training" replaces programming.
https://m-cacm.acm.org/magazines/2023/1/267976-the-end-of-programming/fulltext#comments
🐦🔗: https://n.respublicae.eu/lugaricano/status/1607690390450196480
Can anyone come out with a semi-rational theory for why a sane person in Musk's position would send this tweet endorsing the lunatic 2023 predictions of a Putin goon? Any cost-benefit analysis (any plausible benefit) welcome.
RT @elonmusk: @MedvedevRussiaE Epic thread!!
🐦🔗: https://n.respublicae.eu/lugaricano/status/1607502264259723264
RT @cafreiman: Ever notice that so-called socialist success stories tend to be things like public libraries for the global rich, whereas capitalist success stories tend to be things like doubling the income of the global poor?
🐦🔗: https://n.respublicae.eu/lugaricano/status/1607465368406171648
RT @spignal: @lugaricano Which of Tesla and Bitcoin has had the worse year?
Trick question to which the answer is: Twitter? $30bn market cap at the start of the year, equity value could well have dropped more than 2/3 from that.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1607420510463492096
TSLA down 69% Year to Date
Bitcoin down 62% YTD
🐦🔗: https://n.respublicae.eu/lugaricano/status/1607404923485839360
With four trading days left in the 2022 calendar - which will prove to have been the worst investment in 2022? (performance Year To Date in next tweet-- vote without looking!)
🐦🔗: https://n.respublicae.eu/lugaricano/status/1607404921514516481
@RebelEconProf Cool, source?
🐦🔗: https://n.respublicae.eu/lugaricano/status/1607400095447908361
A classic in the "unintended consquences" genre! How a law forcing disclosure of "sesame" as ingredient increased (!) the use of sesame.
Remember: incentives matter. When proposing well meaning solutions, those making public policy need to consider how they change incentives.
RT @AlecStapp: Instant nominee for the “unintended consequences of public policy” hall of fame
🐦🔗: https://n.respublicae.eu/lugaricano/status/1607399139154829313
RT @bgrahamdisciple: My son, who is a software engineer, just told me that people who know software just had their Elon Musk realization.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1607394053938909185
Vergonzosa e incomprensible decisión de la CNMV no encontrando "concertación"- no existe explicación alternativa. Aquí lo explica @cultrun
RT @mirandola1964: La SEPI y sus ‘mariachis’ por @cultrun
🐦🔗: https://n.respublicae.eu/lugaricano/status/1607146664460177408
Some questions in economics are hard. Some others, such as Brexit, are pretty easy: if you dramatically raise tariffs and non tariff barriers to trade with your neighbors, your welfare goes down.
Here, @johnvanreenen and co-authors got it essentially right in 2016.
RT @johnvanreenen: UK businesses struggle to trade with EU two years after Brexit deal https://www.ft.com/content/9d170855-ed29-49a5-8457-12e093c1dce2?desktop=true&segmentId=0e5502c2-a654-17b7-29eb-3bb1c22ff1ba#myft:notification:daily-empty-email:content Government knows this (as we predicted https://cepr.org/voxeu/columns/consequences-brexit-uk-trade-and-living-standards ) - time to be honest
🐦🔗: https://n.respublicae.eu/lugaricano/status/1607045077502664704
My Christmas present: Kevin Murphy from @uchicago, the best teacher I ever had, explaining capital and capital accumulation (such as housing) in 1h -with little math needed (the math is in Ch 16). Bonus: how to interprete price cycles ("bubbles"). https://youtube.com/playlist?list=PLp2AOdiHSxGer2WeklDZTEd1AdgEiouNV
🐦🔗: https://n.respublicae.eu/lugaricano/status/1607038961985232899
Hacemos como que publicamos, hacen como que nos evalúan.
Una alta proporción de científicos españoles orientan su producción científica hacia revistas piratas. https://nadaesgratis.es/admin/cambios-anomalos-en-los-patrones-de-publicacion-cientifica-espanoles-es-espana-diferente
🐦🔗: https://n.respublicae.eu/lugaricano/status/1606950314116059141
No a la división, sí a la defensa de los valores constitucionales que nos unen.
No a la erosión de las instituciones democráticas, ni a su uso partidista.
Feliz Navidad.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1606745217075482624
RT @ianbremmer: china is prepared to accept millions of deaths of their own citizens before approving western mrna vaccines to help protect their population.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1606707469278928897
Ucranianos preparando esta noche, haciendo sus compras de Navidad, asesinados sin piedad en Kherson.
Ojalá puedan ustedes derrotar esta invasión en 2023 y los ucranianos puedan vivir un futuro pacífico, democrático y europeo, Sr.@ZelenskyyUa .
RT @ZelenskyyUa: This is not sensitive content – it's the real life of 🇺🇦.
Kherson. On the eve of Christmas, in the central part of the city. It's terror, it's killing for the sake of intimidation and pleasure.
The world m…
🐦🔗: https://n.respublicae.eu/lugaricano/status/1606641188131377152
RT @adam_tooze: So ...
Japan is restarting its nuclear reactors;
Spending $300bn on defense;
Easing towards the end of yield curve control ...
What is the Japanese for Zeitenwende?
https://www.ft.com/content/721b66c6-fd73-432f-aef9-fe59befba2cf
https://www.reuters.com/world/asia-pacific/pacifist-japan-unveils-unprecedented-320-bln-military-build-up-2022-12-16/
🐦🔗: https://n.respublicae.eu/lugaricano/status/1606309097040666627
Excellent interview (gated) with @R2Rsquared, one of the few economists who was ahead of the inflation spike. Optimistic (hope he is right) on QT (he does not think it is needed), inflation (coming down, expectations anchored); less so on debt.
https://t.co/r2Sld2I7Dv…
🐦🔗: https://n.respublicae.eu/lugaricano/status/1605947328195698689
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
