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
I write today with @GuyVerhofstadt against the dangerous free-for-all in industrial policy in Europe.
Instead, deepen the single market, reform competition policy, make the NectGen fiscal instruments permanent and invest in world class universities.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1621063492965990401
Congratulations to economist Katherine Baicker on her appointment as @UChicago provost. Great news for @uchicago. She coauthored the Oregon Health insurance randomized control trial and was the Dean at the @HarrisPolicy. #econtwitter
https://news.uchicago.edu/story/katherine-baicker-appointed-provost-university-chicago
🐦🔗: https://n.respublicae.eu/lugaricano/status/1620434774090485760
RT @acorralcrm: @lugaricano @MarianoGuindal Jubilado es la profesión de más futuro en España
🐦🔗: https://n.respublicae.eu/lugaricano/status/1620382296229707776
Three years ago we sang, in goodbye, Auld Lang Syne.
It was clear then that Brexit was a major mistake.
Today, even Brexiteers cannot find the upside.
https://youtu.be/uA8TaMpC-R4
🐦🔗: https://n.respublicae.eu/lugaricano/status/1620363859805757442
Great thread (and great piece)
RT @shashj: “The reason that, at least so far, no [large language] model enjoys an unassailable advantage is that AI knowledge diffuses quickly. The researchers from all the competing labs “all hang out with each other”, says David Ha of Stability AI” https://www.economist.com/business/2023/01/30/the-race-of-the-ai-labs-heats-up
🐦🔗: https://n.respublicae.eu/lugaricano/status/1620358411769753600
RT @charlesjkenny: It isn’t just the US tourism industry. The CEOs of every US firm involved in trade and investment ought to be out in front of the US State Department with megaphones and placards demanding action.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1620132385806508032
La entrevista completa que me hizo @cultrun en ABC. Hablamos de políticas, no de política:
- Mentalidad de suma cero
- Lecciones equivocadas de la crisis
- Sostenibilidad de la deuda
- Crecimiento y reformas...
Y mucho más.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1620129631683874817
Me entrevista en profundidad John Müller en @abc sobre crecimiento, productividad, deuda pública y el futuro de nuestra economía.
Muchas gracias por una excelente conversación, @cultrun
RT @cultrun: Luis Garicano: «Nuestro debate sobre inteligencia artifical ha sido sobre dónde poner una sede» https://t.co/SULwb8XgPM a través de @ABCeconomia
🐦🔗: https://n.respublicae.eu/lugaricano/status/1620115919572983808
Are EU countries' debts sustainable?
Collard, Habib, Panizza and Rochet use a framework where default is sometimes inevitable and find
- With high recovery (80%): only ITA and GR not sustainable
- With low (30%): also IRL, SPA, POR not sustainable https://cepr.org/voxeu/columns/assessing-debt-sustainability-euro-area
🐦🔗: https://n.respublicae.eu/lugaricano/status/1620041943404400646
Un "jubilado de élite": @MarianoGuindal, denuncia sus privilegios "Estamos sobreprotegidos porque somos una fuerza electoral imparable" (Pese a cobrar €3050, bono bus gratis, viajes subsidiados del IMSERSO...)
https://www.elconfidencial.com/economia/2023-01-28/vida-elite-jubilados-injusto-subida-pension_3564773/
🐦🔗: https://n.respublicae.eu/lugaricano/status/1620012040525078529
RT @and_rizzi: Excelente artículo de @lbassets sobre cierta "izquierda ignorante" que "nada sabe ni nada quiere aprender del pasado", que no sabe que "la paz, ten deseada, no llega por clamor convocatorio".
https://elpais.com/opinion/2023-01-29/una-izquierda-que-es-de-derechas.html
🐦🔗: https://n.respublicae.eu/lugaricano/status/1619639957458657282
@Bellmanequation @caseybmulligan @UChi_Economics Noah do you have the '93 exam?
🐦🔗: https://n.respublicae.eu/lugaricano/status/1619638645631361024
@Bellmanequation @UChi_Economics The core was insane. Took it in 93. The time constraints plus the 50% pass rate made it the hardest thing I have ever done.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1619630267513331714
For @paulkrugman . Maybe looking at evidence beyond the USA is relevant?
RT @BaldwinRE: 101 case study
👉 Despite retail price caps .food & power prices in Hungary rose 50% in December y/y
👉 price caps caused shortages of fuel & staples such as sugar as retailers declined to sell below cost, &price rises for non-capped products that consumers bought to compensate
🐦🔗: https://n.respublicae.eu/lugaricano/status/1619628909708054528
@stevehouf @Bellmanequation @UChi_Economics Our skit show had people try to talk about money or banking and the angry prof interrupting- "there is no money or banking in the money or banking class/seminar!"
🐦🔗: https://n.respublicae.eu/lugaricano/status/1619626345318998016
Sorry this is complete BS. The ASML boss is talking his book - if making this extreme ultra violet photolithographic equipment (3nm!!) was so easy, his own company would not have a complete monopoly in the market.
https://asiatimes.com/2023/01/sanctions-move-china-to-replace-chips-supply-chain/
🐦🔗: https://n.respublicae.eu/lugaricano/status/1619410829593673728
How mighty companies get disrupted, in real time. Great @washingtonpost on the obstacles to Google and Meta succeeding in AI
https://www.washingtonpost.com/technology/2023/01/27/chatgpt-google-meta/
🐦🔗: https://n.respublicae.eu/lugaricano/status/1619390008464666627
The US armed forces are mobilising for war with China. There is no other way to read this memo.
https://www.washingtonpost.com/national-security/2023/01/27/us-general-minihan-china-war-2025/
🐦🔗: https://n.respublicae.eu/lugaricano/status/1619267669613752320
Resumiendo:
1) La Productividad no crece
2) El número de horas cae
3) El empleo privado se estanca
4) El gasto en pensiones se dispara
O revertimos estas tendencias o nuestra economía no se sostiene.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1618954697083326465
Mientras tanto, el gasto público anual ha aumentado en 120,000 millones de euros en una década, principalmente en pensiones. Ver este artículo de @jgjorrin
https://www.elconfidencial.com/economia/2022-12-11/pensiones-fagocitan-gasto-social-proximas-decadas_3537528/
🐦🔗: https://n.respublicae.eu/lugaricano/status/1618954694193471488
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
