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On Thursday, December 15, Luis Garicano joined Markus’ Academy for a lecture. Garicano has developed an extensive academic career at the University of Chicago, where he attained the rank of full professor of Economics and Strategy, and the London School of Economics, where he has been Full Professor of Economics and Strategy and head of the Managerial Economics and Strategy Group.

Watch the full presentation below. You can watch all Markus’ Academy webinars on the Markus’ Academy YouTube channel.


[0:00] Introductory Remarks

[9:35] ECB Policy and goals

[15:50] Construction tested during the Euro crisis

[21:02] 2015: QE without breaking Treaty constraints?

[23:10] 2020: Pandemic

[32:54] How do we exit?

[43:27] Current proposals and steps forward

[56:13] Conclusions

Executive Summary

Summary to follow.