Nicola Giocoli
@ngiocoli
Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he must bear the consequences (F.A. Hayek)
"Signori, il vostro teorema va bene. E' il problema che va malissimo" (Ferdinando Galiani, Dialogues sur le commerce des bleds, 1770, in risposta alle obiezioni degli inflessibili e ideologici fisiocratici).
We are essentially begging Beijing for a trade deal. First we stop export controls so as not to irritate those sensitive Communist souls. Now we are letting them decide who gets to visit NYC. Weak. And will be seen as weak. But hey, we sure stuck it to those Euros!
BREAKING via the FT “Donald Trump’s administration has denied permission for Taiwan’s President Lai Ching-te to stop in New York en route to Central America, after China raised objections with Washington about the visit.”
Your reminder that Deutsche Bank loaned Trump $2B when no bank would touch him & Tom Bowers committed suicide after approving the loans & Justice Kennedy abruptly retired after his son signed off on the loans making room for Brett Kavanaugh whose debts were mysteriously paid off.
🚨BREAKING: Mark Epstein, in a brand new interview about his brother Jeffrey, dropped a bomb and it's going super viral. "In the 2016 election, Jeffrey told me that if he said what he knew about the candidates, they would have to cancel the election. That's a quote." Holy sh*t.
In 1933, Pulitzer-winning @nytimes reporter Walter Duranty denied the famine in Ukraine that killed millions. He didn’t get it wrong—he helped Stalin cover it up. 🧵 1/12 ⬇️
Ottima spiegazione dell'effetto potenzialmente positivo* dei dazi sul benessere sociale americano. Semplice, ma super-efficace. * Positivo in senso allocativo; in quello distributivo, boh? Perché si tratta di ricchezza trasferita al governo, per cui... 🤷🏻♂️
How can tariffs improve welfare? Your country needs market power. A quick explainer below 👇🏻
How can tariffs improve welfare? Your country needs market power. A quick explainer below 👇🏻
A 15% tariff "without" EU retaliation would likely increase "overall" US welfare per our projections: alashkar.pages.iu.edu/MAGA_July2025.… But this doesn't mean US consumers benefit. It's a massive redistribution of income from US consumers (and the EU) to US corporations and the Treasury.
My grandmother survived Auschwitz. Because of her, I’m alive and I’m a proud Israeli woman and former IDF soldier who will NEVER stay silent. To compare Gaza to Auschwitz is not just historically false It minimizes genocide, justifies terrorism, and spreads pure hate. Also…
Auschwitz was yesterday. Gaza is today. The same cruelty. The same dehumanization. The same world looking away. History isn't repeating—it's being sponsored.
Fascinating. I’m an attorney practicing law in this area so I have some thoughts on the @btselem report. Let’s start by the fact that they openly admit to broadening the required definition of genocide as codified by Art. II of the Genocide Convention which defines genocide as…
Israel is committing genocide in Gaza. It sounds inconceivable. But it’s the truth. Israel is taking deliberate, coordinated action to destroy the Palestinians in the Gaza Strip. Explicit statements by Israeli officials, combined with a consistent policy of destructive attacks…
🚨🇺🇸 Sparatoria a Midtown Manhattan, New York City. Shane Tamura, 27enne del Nevada, imbraccia un fucile M4 e dopo essere entrato nel grattacielo che ospita gli uffici della società di private equity Blackrock e la sede della lega professionistica di football americano, la NFL,…
Let's learn from Canada: The moment for Europe to be serious about deepening the Single Market
File under the “unintended consequences “folder
“One of the bittersweet things about growing old is realizing how mistaken you were when you were young. As a young political leftist, I saw the left as the voice of the common man. Nothing could be further from the truth.” — Thomas Sowell
It is truly unfortunate when a Nobel laureate like Joseph Stiglitz makes completely unfounded statements about the state of a country’s economy—especially when his only apparent source is his former research assistant and, regrettably for the country, former Kirchnerista economy…
Ho tradotto il post dell’eccellente economista argentino Sebastián Galiani @SFGaliani perché anche io trovo deludenti le posizioni di Stiglitz su Argentina e Venezuela, spesso purtroppo rilanciate da colleghi italiani. Affidarsi all’autorità (in questo caso, un economista premio…
It is truly unfortunate when a Nobel laureate like Joseph Stiglitz makes completely unfounded statements about the state of a country’s economy—especially when his only apparent source is his former research assistant and, regrettably for the country, former Kirchnerista economy…
Tuttavia, gli Stati Uniti riceveranno vantaggi limitati e incerti da questo accordo, mentre l’Europa è riuscita a prendere tempo e a non compromettere alcuni dei suoi obiettivi strategici di breve periodo: limitare al minimo possibile i rischi per le sue imprese e i suoi…
🧵 Oggi tutti si indignano per l’ipotetica umiliazione politica subita dall’Europa da parte del bullo americano: dazi unilaterali al 15%. Ma sul piano economico è una sconfitta? No. Vediamo perché. 👇 1/24
Istruzioni calcistiche per gli economisti da social: gli autogol contano, ma per gli avversari. Qui lo spiega bene @FabbioSabatini
🧵 Oggi tutti si indignano per l’ipotetica umiliazione politica subita dall’Europa da parte del bullo americano: dazi unilaterali al 15%. Ma sul piano economico è una sconfitta? No. Vediamo perché. 👇 1/24
*1970* NBA Finals in QUALITY REMASTERED [Game 4 - Full Highlights] Jerry West: 37pts 18ast 5reb Elgin Baylor: 30pts 13reb 3ast Wilt Chamberlain: 18pts 25reb 7ast Willis Reed: 23pts 12reb 2ast Walt Frazier: 16pts 11ast 6reb Dick Barnett: 29pts 3reb 3ast Kids see black and white…
Quando il breve termine (accordo commerciale da rivendere elettoralmente) batte il lungo termine (restrizioni cruciali nella competizione tecnologica). Questo è Trump. ft.com/content/a13ba4…
Poco mi interessa se certe cose vengono scritte in malafede o se per pura stupidità o incoscienza di quello che si mette nero su bianco. E interessa ancor meno se non è la prima volta che affermazioni del genere compaiono in rete. Né mi interessano le arrampicate sugli specchi…