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 @delaFeriaR: Why does everyone think VAT cuts are a good idea?!
In this paper, we consider, for the 1st time, the political economy of VAT base design, to explain positive public perceptions of VAT cuts, despite strong evidence against them.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1616413040789913601
RT @dnystedt: Intel CEO: It was a mistake to allow the chip industry to become too dependent on Asia, and it will take decades to fix, WSJ reports, adding the pandemic showed "we had allowed ourselves to become dependent on single points of failure in the supply chain." $INTC #semiconductor
🐦🔗: https://n.respublicae.eu/lugaricano/status/1616355265120505856
And countries.
RT @tfadell: Most people (and companies) need a near-death experience before they can really change.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1616353074208989191
Jack Ma is more than a symbol: The end of the Chinese entrepreneur is the end of the era of rapid growth for China. Excellent analysis https://asia.nikkei.com/Editor-s-Picks/China-up-close/Analysis-Jack-Ma-downfall-spells-end-of-China-s-golden-age
🐦🔗: https://n.respublicae.eu/lugaricano/status/1616345815907180547
Luis Garicano 🇪🇺🇺🇦
boosted
At @iespegaffairs I discussed how we are moving to a new paradigm where interdependence is weaponised and technology is turning into a battlefield.
Europeans need to avoid strategic dependencies and act together.
https://m.youtube.com/watch?v=MXnvuoX32cg
🐦🔗: https://n.respublicae.eu/JosepBorrellF/status/1616140717298008064
@VMRConstancio There is a lot of ambigüity here. True, NGEU does not involve a direct joint and several liability of the member states--the guarantee is the EU budget, through an increase in the "headroom". In practice, the market does not see much difference. https://www.bruegel.org/blog-post/do-financial-markets-consider-european-common-debt-safe-asset
🐦🔗: https://n.respublicae.eu/lugaricano/status/1616118758011027476
RT @eu_eeas: 🔴 LIVE soon: Tune in at 12H CET as HR/VP @JosepBorrellF joins @IEbusiness for a discussion on the new world order, marking the new journey of the IE School of Global & Public Affairs that now becomes the IE School of Politics, Economics and Global Affairs
https://ieuniversity.zoom.us/j/99670182805
🐦🔗: https://n.respublicae.eu/lugaricano/status/1616037767980498945
What are the best AI use cases?
Thread with some answers.
RT @MStothard: For the past 50 years the internet has had one core function: moving content from one place to another.
Now that function has been upended thanks to generative AI, which allows for sophisticated creation by machines.
Like this deep fake dancing Tom Cruise 😜
🧵 1/16
🐦🔗: https://n.respublicae.eu/lugaricano/status/1616034435815833601
"where fiscal sustainability is in doubt, and the government has insufficient resources to recapitalise the CB, there is the risk that trust in both government debt and the fiat money in which it is denominated could break down simultaneously"
@JohnHCochrane @masuch_klaus
RT @BIS_org: #CentralBanks can operate with negative equity, but new research on the Bank of Amsterdam shows that there are limits; fiscal backing is key to ensure #Trust in #FiatMoney https://ww…
🐦🔗: https://n.respublicae.eu/lugaricano/status/1616026602214723588
@ricardo_hausman Ricardo no entiendo este tuit. ¿Podrías ser más preciso sobre quién y qué se ha hecho mal?
🐦🔗: https://n.respublicae.eu/lugaricano/status/1615804597406429184
RT @AlecStapp: Just thinking about how the United States could have been the world leader in 5G technology instead of China if we had just given *one guy* a green card when he needed one
🐦🔗: https://n.respublicae.eu/lugaricano/status/1615795674217422853
RT @Dasha_Navalnaya: Two years ago today my dad returned to Moscow to fight for a democratic, free and beautiful Russia. Today we are launching a campaign to free him. Join now! Say no to war! Free Alexey Navalny!
🐦🔗: https://n.respublicae.eu/lugaricano/status/1615782520162844672
Fuente
?s=20&t=4K66ea1CxDVssJgkoo16dg
( y sí, en España las regiones más ricas "reciben" en vez de compartir)
Gracias @goncharev
RT @thomasforth: @IPPRNorth So what does that look like? Well Spain and Germany have quite similar regional inequality in GDP, but regional fiscal transfers in Germany mean it has much lower regional inequality in income. You can see that on a scatter plot.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1615292547886157826
El resultado de esto únicamente hispano de que el "nacionalismo es progesista": la redistribución regional española va hacia los ricos. Somos el único país donde las desigualdades regionales tras redistribuir (desigualdades de ingresos) son mayores que antes de redistribuir.
🐦🔗: https://n.respublicae.eu/lugaricano/status/1615292544669351936
Siguen las buenas noticias para el precio del gas natural en Europa. El invierno del 2023 seguramente está vencido (con los depósitos aún llenos). El del año que viene, probablemente, también.
Putin descubriendo el riesgo que tiene amenenazar con dispararse a sí mismo en el pie.
RT @martenkokk: Natural gas prices in Europe 🇪🇺 keep falling - dropped to the lowest level since September 2021. Good news for Europe, no doubt!
🐦🔗: https://n.respublicae.eu/lugaricano/status/1615280885300961280
RT @PhillipsPOBrien: Big package from the U.K.
As an example of how war uses up material at an extraordinary rate, when the US first announced its plans to ship 155mm shells and howitzers to Ukraine, the package called for 40k shells. Now the U.K. alone is sending 100k
🐦🔗: https://n.respublicae.eu/lugaricano/status/1615062221242961922
Una historia del día de Martin Luther King en los EEUU.
Julia Roberts cuenta aquí que fue King quien pagó el hospital en su nacimiento. Sus padres no tenían dinero y King les estaba agradecido pq habían aceptado (frente a la discriminación) a sus hijos en su escuela de teatro
RT @BerniceKing: Grateful that #JuliaRoberts shared this story with @GayleKing and that so many people have been awed by it.
I know the story well, but it is moving for me to be reminded …
🐦🔗: https://n.respublicae.eu/lugaricano/status/1615052022130298880
This thread (in German) describes the tragedy due to the lack of foresight by the German Chancellory in preparing for the delivery of tanks to Ukraine- costing an additional year and countless loss of lives.
H/T @pitres
RT @RKiesewetter: 8) Trauerspiel, weil Deutschland über die #Bundesregierung Zeit verschwendet hat und damit Leben in und Überleben der #Ukraine unnötig, unambitioniert und ideenlos gefährdet! Deshalb jetzt endlich handeln #UkraineWillWin #FreeTheL…
🐦🔗: https://n.respublicae.eu/lugaricano/status/1615040461541867537
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
