Hanno Lustig (@hannolustig) 's Twitter Profile
Hanno Lustig

@hannolustig

Economist at Stanford. Fascinated by exchange rates. Really wanted to be a pilot. Actually, taxes do fund spending.

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calendar_today04-06-2020 21:25:32

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Hanno Lustig (@hannolustig) 's Twitter Profile Photo
Hanno Lustig
@hannolustig

2 months ago

the way some economists advocate for industrial policy is akin to picking the performance of the top decile of hedge fund performers (ex post) as evidence that active management adds alpha in asset management, and then simply forgetting about the bottom 90%.