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Laurent Franckx πŸ‡§πŸ‡ͺπŸ‡ͺπŸ‡Ί Profile picture
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16 Apr, 4 tweets, 4 min read
Streetart in Brussel. Van Noordstation tot Thurn & Taxis.
Thurn en Taxis tot Sint Katelijne
Van Sint Katelijne tot Dansaert buurt
Van Dansaert buurt tot de Marollen

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More from @LaurentFranckx

Laurent Franckx πŸ‡§πŸ‡ͺπŸ‡ͺπŸ‡Ί Profile picture
16 Apr
The best point yet I read in @HansRosling 's "Factfulness": in the past, people did not live in balance with nature. They *died* in balance with nature. As Hobbes already knew, live was short, nasty and cruel. /
I quite often say that books are highly recommended, but "Factfulness" is a must read in the most literal sense of the word: it should be put on the school curriculum. Not just because it sets so many things straight about the world, but because it is one big argument in /
favour of a data rather than impressions based approach to understanding the world. If the data tell you that your priors are demonstrably false, you need to update your priors. Also, it is a good guide to the mental biases that guide our /
Read 14 tweets
Laurent Franckx πŸ‡§πŸ‡ͺπŸ‡ͺπŸ‡Ί Profile picture
30 Jan
In case you wonder, The Code is a history of Silicon Valley. And it's really good if you're interested in innovation and innovation policy. Of course, it doesn't replace academic work on those topics, but, besides being entertaining, it also /
brings together a lot of important facts that are forgotten. The crucial role of defence spending in kickstarting the Valley is known - what is less obvious, is that defence industry only came there because the American top brass was worried that a Soviet first strike /
might wipe out the defence industry in southern California. Contingency and path dependency matter. Also, the first generations of Silicon Valley entrepreneurs were not exactly hippies, but conservative men in white shirts and ties. And venture capitalists usually had very/
Read 6 tweets
Laurent Franckx πŸ‡§πŸ‡ͺπŸ‡ͺπŸ‡Ί Profile picture
30 Jan
Leuk opinie artikel. Als ik nu de "Blake en Mortimers" uit mijn kinderjaren herlees, zie ik ook wel hoe stereotypisch en "fout" het allemaal is. Maar ik heb "IndiΓ«r" echt nooit geassocieerd met een "trouwe dienaar" die mij als "Sahib" aanspreekt. Ook zonder sticker. /
Stom trouwens dat de huisknecht van Mortimer gekleed is als Sikh maar dan Moslim blijkt te zijn πŸ€ͺ
Die eerste albums van De Beverpatrouille zijn trouwens ook hallucinant.
Read 4 tweets
Laurent Franckx πŸ‡§πŸ‡ͺπŸ‡ͺπŸ‡Ί Profile picture
29 Jan
I haven't seen "Margin call" so for me the best film ever about financial markets is "The big short". It's a real thriller, and, as far as I can judge, as accurate as movies go. It also shows something important: it takes a lot of guts /
to go short. Shorters make money when they go against the market "consensus" that a security will go up. Given that there is no upper bound to the amounts of money they can lose if their assessment is wrong, they face very strong incentives to be very well informed. That's also/
what you see in the movie: they reached the conclusion that the subprime market was about to blow up after careful field research that demonstrated the disputable practices of mortgage lenders. You cannot simultaneously claim that bubbles demonstrate the inefficiency of /
Read 4 tweets
Laurent Franckx πŸ‡§πŸ‡ͺπŸ‡ͺπŸ‡Ί Profile picture
28 Jan
"To what extent can supporting carpooling reduce road congestion?" - an analysis for Belgium with the PLANET model of the Federal Planning Bureau.
plan.be/uploaded/docum…
The relatively modest potential for increasing the occupation rate for cars can be explained by the relatively small share of trips for which such an increase is a realistic option, and by the inconveniences linked to the organisation of carpooling. Nevertheless, /
this policy mix can induce a notable improvement in the traffic situation during the peak periods in the regions that currently suffer the most from congestion.
Read 4 tweets
Laurent Franckx πŸ‡§πŸ‡ͺπŸ‡ͺπŸ‡Ί Profile picture
21 Jun 20
Started reading "The populist temptation" by Barry Eichengreen. First interesting point: not all economic crises are as likely to result in political swings to the extremes. Banking & financial crises are particularly bad in this respect, /
because they are seen to result from the actions of selfserving bankers (who are obviously not seen as part of the "people"), and often require bailouts by the state (which is then seen as profiteering). I guess there's some truth to this. /
One of the things that never ceases to amaze me on twitter is how many highly educated people don't seem to understand that bank bailouts are sometimes needed to avoid a bank run, and that bank runs would result in an economic collapse that would make the current crisis/
Read 10 tweets

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