Economist.
Professor @LSE SPP
My webpage:
https://sites.google.com/site/luisgaricano/
Substack (innovation, econ., Europe): SiliconContinent.com
My book on the Euro is out on June 2025.
New York University; Columbia University; London School of Economics and Political Science; Chatham House; John F. Kennedy University • Corporate Finance and Governance, Economic Policies and Impacts, Law, Economics, and Judicial Systems
My post today:
www.siliconcontinent.com/p/the-return...
Reposted by Joanna Bryson, Jan W. Mueller, Elizabeth Saunders , and 38 more Joanna Bryson, Jan W. Mueller, Elizabeth Saunders, Nandita Sharma, Jonathan A. Eisen, Joe R. Feagin, Gavin A. Schmidt, Steve Peers, David H. Kaye, Tom Shakespeare, Rosemary A. Joyce, Diane Ravitch, Jonathan M. Gilligan, Anders Nilsson, Susan Hyde, Mary Corcoran, Kevin Carey, Daniel Stone, Daniel W. Drezner, Michael Kevane, Smith, Melanie C. Green, Janet Murray, Alan Richardson, Luis Garicano, John Palfrey, Caroline Fohlin, Erol Akçay, Jason Lyall, Nora V. Demleitner, Mark Rice, Paul Nightingale, Claire L. Adida, Daxton R. Stewart, Aviel Roshwald, Richard Moorhead, James M. Thomas, David Spurrett, Dunlap, David Darmofal, Monisha Bajaj
He was calling for free expression in the Arab world. You can read it here :
www.washingtonpost.com/opinions/glo...
Reposted by Nicolas Petit, Luis Garicano
Reposted by Luis Garicano
Reposted by Luis Garicano
Reposted by Luis Garicano
@lugaricano.bsky.social have been talking about, when they say that the modern EC is failing at its raison d'être, where the economy is concerned.
Enforcing a single market.
www.siliconcontinent.com/p/the-myth-...
Reposted by Jonathan Parker, Jonathan B. Baker, Luis Garicano
som.yale.edu/centers/thur...
www.siliconcontinent.com/p/the-myth-o...
Reposted by Luis Garicano
Reposted by Luis Garicano
Reposted by Luis Garicano
www.siliconcontinent.com/p/policies-w...
Reposted by Luis Garicano
www.economist.com/podcasts/202...
Reposted by Luis Garicano
Reposted by Luis Garicano
Reposted by Luis Garicano
1/2
www.siliconcontinent.com/p/trading-wi...
How to think like an economist in a world of hard power.
- The national security externality
- Strategic sectors
- When integration encances resilience.
Including fascinating new work on Geoeconomics (Maggiori, Becko, Kooi)
www.siliconcontinent.com/p/trading-wi...
Get stability without sacrificing liquidity. But that would threaten banks' subsidized profits.
9/10
Reposted by Luis Garicano
Neither Trump nor Putin can veto this!
ANDREW DUFF advocates for the fast-track accession and calls for a revision of its terms and conditions:
verfassungsblog.de/fast-trackin...
Reposted by Luis Garicano
www.economist.com/leaders/2025...
Reposted by Luis Garicano
A 🧵
L
Services are 70% of our economy, little has been done. Mr. Breton Single Market effort was lackadaisical at best. I hope better of S. Sejourné
8/8
EU trades more with the rest of the world, less with itself.
1) Trade between EU countries is less than half the level between US states.
2) Since 1999, as % of GDP:
Eurozone trade has grown 31% → 55%
China trade: 34% → 37%
US trade: 23% → 25%
7/
The result in quantities is stunning:
EU internal and external services trade are roughly equal as % of GDP - unthinkable in a properly functioning single market.
Internal barriers are pushing activity outward.
6/
The results are devastating, as the next tweets show.
5/
4/
IMF shows that EU internal barriers are equivalent to:
- A 45% tariff on manufacturing,
- A 110% on services.
As services become more important in the economy, barriers on service trade create an even bigger drag on growth.
2/
www.ft.com/content/13a8...
Reposted by Luis Garicano
www.siliconcontinent.com/p/how-to-inc...