Ricardo Reis
@R2Rsquared
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AW Phillips Professor of Economics @LSEecon. Colunista @expresso. Director @CFMUK
London, England
Joined November 2012
🎉 Professor Philippe Aghion of @LSEEcon, one of the three 2025 @NobelPrize laureates in Economic Sciences! https://t.co/cgZt555BTd
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From a different perspective: it is also the 3rd prize in 8 years to the subfield of macro-growth (including two in a row).
I stand corrected. It is four economic history Nobel Prizes in a row!!! (Bernanke 2022, Goldin 2023, Acemoglu, Johnson, Robinson 2024, Mokyr 2025)
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Valkyrie Zero FX1! The best solutions for motorized sprinting are on the way! We are producing a podcast, so coaches and sports medicine professionals will be able to understand the differences between legacy systems currently in use. Dare to compare!
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Philippe Aghion is a very involved and active member of the Centre for Macroeconomics @CFMUK , a leading research centre in macroeconomics in the UK.
BREAKING NEWS The Royal Swedish Academy of Sciences has decided to award the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Joel Mokyr, Philippe Aghion and Peter Howitt “for having explained innovation-driven economic growth” with one half to Mokyr
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Celebrations at @LSEnews on our 1/6th of today’s economics @NobelPrize. Beyond his scientific contributions, Philippe is also a wonderful colleague.
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Leaders of Pakistan, Egypt and other 666 nations nominate President Trump for the Nobel Peace Prize for next year. Putin & Hillary Clinton praises Trump. When your enemies love you, you know that you're not on the side of God, righteousness, truth, or peace. But rather, you
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Global liquidity lines: The hidden map behind new trade divides by Saleem Bahaj, @FuchsMarie_ and @R2Rsquared ? How is global liquidity now centered around USD, EUR, and RMB? ? Does this signal a shift toward a multipolar financial system? ? Are monetary links beginning to
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I admit to overfeeding my cat, but nothing more. https://t.co/0Z4ICezaeO
eurodressage.com
Portuguese Grand Prix rider Ricardo Reis has been suspended for 18 months following a positive doping test of his horse Lord das Faisas.
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Excited for the next @cepr_org & @sffed Virtual Seminar in Monetary Economics. @RefetGurkaynak @KlodianaIstrefi @michaelbauer_hh Ricardo Reis @R2Rsquared will present today at 4pm (UK). If not already signed up, but want to join, registration is here: https://t.co/HvfC83Aiys
cepr.org
The Virtual Seminar on Monetary Economics is a monthly online research seminar. Its focus is the study of monetary policy, covering topics such as central banks’ goals and frameworks, design of...
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Using the lessons from the work of the 2019 Nobel prize winners, one cannot really learn anything from this move regarding changes in the relative attractiveness of US vs European academia. This treatment was not randomized. (... warning: inside econ nerdy attempt at a joke...)
I am delighted to share that Nobel laureates Esther Duflo and Abhijit Banerjee will join our Department of Economics @econ_uzh at the University of Zurich on July 1, 2026, as Lemann Foundation Professors of Economics. 🧵 1/7
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Introducing @o1_exchange @base Wizard Badge as part of our @base Trading season! Limited to 1000 badges. Requirements to claim the badge: -100 ETH volume or 300 ETH referred volume. Hint 1: Having a @base Wizard Badge will be VERY important. Hint 2: You ideally want to have it
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The Washington consensus needs an update, and some people got together at the LSE to offer one:
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🚨New paper+data with @LukaszRachel🚨 ''Emissions-Adjusted Total Factor Productivity'' 👉Productivity growth>2005 is low in AEs📉 👉But CO2 emissions (trade-adj) are falling too🌳 👉Less climate damage 🟰 higher future consumption How can productivity stats account for that?
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Indeed
Or worse, that the fed will react to supply - stagflation with demand stimulus and turn a one time price level rise into inflation. 1979.
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"This year has been the most fun I've ever had in a baseball uniform." Matthew Boyd reflected on the 2025 season.
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Exactly
The relevant question is not will tariffs cause an increase in prices: they will. The relevant question is whether the Fed can/should look through that price increase or whether they need to worry that it will spark ongoing inflation by shaping inflation expectations.
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The July 2025 @CFMUK survey, which asked members to evaluate Labour's first year in power are now published. Over 40% of respondents believe the Government's policies will moderately promote growth, although there is disagreement on the net effect. https://t.co/d0TpBilyqQ
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@CFMUK survey on @UKLabour's first year in government. * 45% of the panel thinks the policies will contribute moderately to economic growth. * 30% think it will harm growth, even substantially. * 45% think Labour too focused on fiscal rules 🧵1/n https://t.co/X9mRRyUtZN
cfmsurvey.org
An assessment of the Labour government's in promoting growth and fiscal sustainability. A survey of economists conducted by the CfM-CEPR panel.
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NĂŁo identificando quem sĂŁo os “ricos”” tudo Ă© possĂvel dizer. O q se passa Ă© que sĂł 6% das famĂlias declara rendimento acima de 50.000. Esses 6% de famĂlias mais ricas (mtas sĂŁo classe mĂ©dia, ponto) pagam 53% do IRS. Em 2022, 42% nĂŁo pagava qualquer soma em IRS
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Calling all Macro PhD students based in and around London! Join us for a workshop at LSE on 14 Nov to get to know each other and discuss your research. Send us your paper or extended abstract by 15 Aug! https://t.co/3HAgS13oPn
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"Civilization is the only example of super intelligence." Our CEO @davidpstout on @startupprojectt explaining why we're building millions of specialized models across devices — not one giant model in the cloud. A few highlights: – Why prompting loses money – 8B models matching
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@vonderleyen is taking flak for the trade deal she signed with the US, but could she have done better? Yes. Not in Scotland. Rather, in Brussels, delivering lower trade barriers within the UE. See the example below.
Starting August 1, 2025, the Government of Canada is reducing costs for interprovincial transportation routes in Atlantic Canada and Eastern Québec, helping break down internal trade barriers, lower costs, and drive long-term economic growth. Details:
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The @IMFNews October Outlook report for Europe had this stunning graph. Every single office in the @EU_Commission should have a print-out of this figure on the wall. Every working day should be spent on it. That is the best response to US trade policy. https://t.co/4llUqhreXi
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