Luis Garicano

In this engaging discussion, Luis Garicano, a Professor of Economics at LSE and former EU parliamentarian, dives into the complex interplay between AI and macroeconomics. He critiques the EU AI Act for its potential to stifle innovation and discusses how AI may disrupt entry-level job training, risking the loss of essential skills. Garicano also contrasts AI's impact on senior versus junior roles and calls for a more balanced policy approach that supports growth and adaptation in a rapidly changing landscape.

In this engaging discussion, Luis Garicano, a prominent Spanish economist and former MEP, shares insights from his diverse career and research on Europe's innovation hurdles. He critiques the EU's regulatory landscape, notably the detrimental 'Brussels effect' and overregulation in the wake of Brexit. Garicano elaborates on the structural challenges faced by firms and emphasizes the need for a 'Constitution of Innovation.' The talk also touches on the euro's design flaws and Spain's recent economic stagnation, making for a thought-provoking listen.

Join economists John H. Cochrane, Luis Garicano, and Klaus Masuch as they dive into the tumultuous journey of the euro since its inception 26 years ago. They discuss the critical need for reforms to ensure its survival amidst crises like the pandemic and inflation surges. Insights are shared on the Eurozone's debt complexities, the role of the ECB's policies, and the necessity of safe assets to stabilize banking systems. Their academic expertise combines with a philosophical exploration of incentives, advocating for foundational economic principles to tackle current challenges.