Alejandro Sanders Villa

@florianederer @HansbergRossi 52

Economics Journals as Tennis Tournaments 🧵(for an extremely niche audience) Quarterly Journal of Economics = Wimbledon The oldest and most influential event, but also clubby, snobby, and elitist. To win it you must train on a very particular surface/ZIP code.

🗓️Te invitamos a este #diálogo organizado por la @FenoUnam con Sheila Tlou @_dinotshe, líder global 🌎en #Enfermería y #SaludPública, para reflexionar sobre cómo avanzar la #Equidad en #Salud en #México. Asegura tu lugar con tu registro aquí: 🔗vocesdelasalud.info/nexus ¡Cupo limitado!

With apologies, a long tweet, about the likely macroeconomic outcomes of Liberation Day. Tariffs can be imposed for understandable if not necessarily good reasons: Protect a sector, right or wrong. Extract rents from foreign producers if there are rents to be extracted. Sure, if there is retaliation, everybody will be worse off, but it maybe worth taking the risk. Across the board tariffs, which sounds like what we are going to get, are however the worse possible tariffs. They are bad for the country that imposes them, even without retaliation. Standard scenario: The initial effect of higher tariffs may look good: Lower imports. Higher demand for domestic goods. Smaller trade deficit. But, with the smaller deficits, and the higher interest rates needed to keep demand under control, appreciation of the dollar (say), less competitive exports. Until trade deficit is back to square one. So: Useless? Worse. Costly reallocation from exports to import competing sectors. Misallocation. And for the revenues from tariffs: They are there, but in the end, they are paid mostly by US consumers. A relevant twist, which changes the standard scenario: The enormous uncertainty about Trumps’s tariff policy: Are the tariffs transactional or permanent? Will they remain/increase/decrease? In that environment, if I am a firm, what do I do? Build a plant in Mexico or in the US, in Vietnam or in China, etc. I do not know, and so I wait. We all wait. Investment comes down, aggregate demand falls, and the effect is a recession. Now the trade balance improves, for two reasons. The direct effect of tariffs, and lower activity means lower imports. As the Fed tries to maintain activity, lower interest rates and a lower dollar mean more exports. Looks great. Claim of success on the trade front (if you can make people forget the recession) But only for a while. Over time, as the economy recovers, you go back to the first scenario. The depreciation eventually turns into an appreciation, activity recovers, the trade deficit returns to square one Overall result: a recession, no gain. A general mess. We shall see how it all turns out.

🌍🏙️Our guest lecture with Professor Geoffrey West and Professor Jean-Paul Faguet on “Growth, innovation and singularities: are we sustainable?” has just begun! Stay tuned for the recording of the event which will go live on our YouTube channel later this week.

Vamos, @RafaelNadal!   As you get ready to graduate from tennis, I’ve got a few things to share before I maybe get emotional.   Let’s start with the obvious: you beat me—a lot. More than I managed to beat you. You challenged me in ways no one else could. On clay, it felt like I was stepping into your backyard, and you made me work harder than I ever thought I could just to hold my ground. You made me reimagine my game—even going so far as to change the size of my racquet head, hoping for any edge.   I’m not a very superstitious person, but you took it to the next level. Your whole process. All those rituals. Assembling your water bottles like toy soldiers in formation, fixing your hair, adjusting your underwear... All of it with the highest intensity. Secretly, I kind of loved the whole thing. Because it was so unique—it was so you.   And you know what, Rafa, you made me enjoy the game even more.    OK, maybe not at first. After the 2004 Australian Open, I achieved the #1 ranking for the first time. I thought I was on top of the world. And I was—until two months later, when you walked on the court in Miami in your red sleeveless shirt, showing off those biceps, and you beat me convincingly. All that buzz I’d been hearing about you—about this amazing young player from Mallorca, a generational talent, probably going to win a major someday—it wasn’t just hype.   We were both at the start of our journey and it’s one we ended up taking together. Twenty years later, Rafa, I have to say: What an incredible run you’ve had. Including 14 French Opens—historic! You made Spain proud... you made the whole tennis world proud.   I keep thinking about the memories we’ve shared. Promoting the sport together. Playing that match on half-grass, half-clay. Breaking the all-time attendance record by playing in front of more than 50,000 fans in Cape Town, South Africa. Always cracking each other up. Wearing each other out on the court and then, sometimes, almost literally having to hold each other up during trophy ceremonies.   I’m still grateful you invited me to Mallorca to help launch the Rafa Nadal Academy in 2016. Actually, I kind of invited myself. I knew you were too polite to insist on me being there, but I didn’t want to miss it. You have always been a role model for kids around the world, and Mirka and I are so glad that our children have all trained at your academies. They had a blast and learned so much—like thousands of other young players. Although I always worried my kids would come home playing tennis as lefties.   And then there was London—the Laver Cup in 2022. My final match. It meant everything to me that you were there by my side—not as my rival but as my doubles partner. Sharing the court with you that night, and sharing those tears, will forever be one of the most special moments of my career.   Rafa, I know you’re focused on the last stretch of your epic career. We will talk when it’s done. For now, I just want to congratulate your family and team, who all played a massive role in your success. And I want you to know that your old friend is always cheering for you, and will be cheering just as loud for everything you do next.   Rafa that!   Best always, your fan, 
 Roger

Un gusto ver a Voces de la Salud Mx !! En su primer encuentro !! Que alegría ver a todas y todos sumando por México !! @FUNSALUDMX

Hey, @SpaceX! When's your next flight to another planet? 🚀 #ElectionDay

I and twenty-two other Nobel economists signed a letter endorsing Kamala Harris for President. We believe Harris's policies will result in a stronger economic performance, with economic growth that is more robust, more sustainable, and more equitable. cnn.com/2024/10/23/pol…

En este evento también reconoceremos la labor de quienes día a día cuidan de la #salud de los #mexicanos con un #brindis de honor y un #recital de #piano a cargo de Ana Gabriela Fernández @tempoderavel #EgresadaUNAM🎼🍷🎹🎊. #Gracias a todas las organizaciones e instituciones que con su apoyo hacen esto posible. #LaSaludNosUne ¡Te esperamos! #VocesDeLaSaludMx #ResonandoPorLaSaludDeMéxico

📢 ¡No te pierdas el Primer Encuentro Anual de Voces de la Salud Mx! 📢 🗓️ Fecha: 7 de noviembre de 2024 ⏰ Hora: 4:30 PM 📍 Lugar: Palacio de la Escuela de Medicina de la UNAM, Centro Histórico, CDMX. Registra tu participación aquí 👉 vocesdelasalud.info/encuentro_mx Te esperamos para conocer los resultados de las encuestas realizadas a miles de profesionales de la #salud en #México. Reflexionaremos sobre las oportunidades del sector y celebraremos a quienes contribuyen día a día a cuidar la salud de nuestro país. 🇲🇽🩺💙 #VocesDeLaSaludMx #ResonandoPorLaSaludDeMéxico #EncuentroSalud #SaludEnMéxico #LaSaludNosUne

⚠️🚨 Back to the future.  #Mexico is on the cusp of fully transitioning to an anti-pluralist illiberal democracy with hegemonic single-party rule. Just like in the glory days of the PRI of yore. Its two North American partners should be worried, very worried, and quite frankly, Mexico's other trading partners under #CPTPP and the revamped EU-Mexico FTA also, which, btw, includes a 'Democratic Clause' that should be brandished and activated by Brussels. @EU_Commission

🔊 ¡Conoce los resultados de #VocesDeLaSaludMx, haz que tu voz se escuche y participa en nuestro próximo evento! 👉 vocesdelasalud.info/m/x 🇲🇽 📅 Evento de presentación de resultados el 31 de octubre: Escucharemos las voces de quienes participaron y reconoceremos su esfuerzo. 📝 ¡Forma parte de la 4ta oleada! Tu opinión sobre enfermedades crónicas y políticas públicas es crucial. 👩‍🔬 Revisa los hallazgos de nuestra tercera encuesta y asegúrate de que las voces de los profesionales de la salud sean escuchadas. #Salud #Innovación #EnfermedadesCrónicas #Resultados #Educación #Investigación #Calidad #Equidad #Unidad #PolíticasPúblicas #México

"Uno tiene que ir por la vida intentando mantenerse saludable, siendo feliz como se pueda, y buscando hacer lo que se quiere". Patti Smith 📷 Jacques Henri Lartigue

📝 En relación con la información surgida sobre la decisión de invitar a Vladimir #Putin a la toma de posesión de la Dra. Claudia #Sheinbaum como nueva presidenta de #México, así como para responder a las varias consultas de los medios de comunicación informamos lo siguiente:

How did life come about on this planet? What forms might it take elsewhere? Assembly Theory provides a framework for understanding these questions, and in “Life as No One Knows It: The Physics of Life’s Emergence” SFI External Professor @Sara_Imari proposes a search for the rules that may govern how life could exist here and elsewhere. santafe.edu/news-center/ne…

Felicidades al equipo mexicano que fue a Hong Kong a la Olimpiada de Economía. Medalla Plata y Bronce. @ITAM_mx

"Designed to be overlooked" —Longbranch House, by MW Works. Puget Sound, Washington.

🇲🇽🥋🇲🇽🥋🇲🇽🥋🇲🇽🥋🇲🇽🥋🇲🇽🥋🇲🇽 🇲🇽🥋🇲🇽🥋🇲🇽🥋🇲🇽🥋🇲🇽🥋🇲🇽🥋🇲🇽 ¡MÉXICO se lleva la #plata! Grande, Prisca ❤️ 🇲🇽🥋🇲🇽🥋🇲🇽🥋🇲🇽🥋🇲🇽🥋🇲🇽🥋🇲🇽 🇲🇽🥋🇲🇽🥋🇲🇽🥋🇲🇽🥋🇲🇽🥋🇲🇽🥋🇲🇽 #Paris2024 #JuegosOlímpicos I @COM_Mexico

venezuelans turning out in big numbers to vote today. and yet it’s virtually certain the maduro government will find a way to prevent a fair outcome. i would love to be wrong about this.

La UNAM lamenta el fallecimiento de José Antonio Narro Lobo, hijo del exrector de la Universidad, Dr. José Narro Robles.