5. About Me

I am a passionate European. I believe we must build a much stronger and more united Europe to face the challenges of the future.

I am a Member of the European Parliament, and head of the Ciudadanos delegation. Ciudadanos is a liberal progressive party in Spain, firmly in favor of a strong Europe, of a competitive and fair free market economy, and of individual freedom on all areas of life. In the European Parliament I am the coordinator on the Economics Committee of the Renew Europe group, which includes the ALDE Party, the EDP, En Marche and the Rumanian Plus/USR coalition. I am also a VicePresident of the Renew Group and of ALDE Party.

Before politics (and, I hope, after politics) I have been a full time academic. I am currenly on Leave of Absence from IE Business School, where I was a Professor of Economics and Strategy. I have been previously also Full Professor of Economics and Strategy at the London School of Economics, and IFull Professor of Economics and Strategy at the Booth School of Business of the University of Chicago, and have held visiting positions among others at MIT’s Sloan School and at the London Business School and also at Chicago. I am also a Research Fellow at the CEPR.

My research focuses on the determinants of economic performance at the firm and economy-wide levels, on the consequences of globalization and information technology for economic growth, inequality and productivity (see here for an overview), and on the architecture of institutions and economic systems to minimize incentive and bounded rationality problems (see here for an overview). My empirical and theoretical research has been published, among other journals, in the American Economic Review, the Journal of Political Economy, the Quarterly Journal of Economics, the Review of Economic Studies, the Journal of Economic Literature and the Journal of Economic Perspectives. In 2007, I received the Banco Herrero prize to the best economist in Spain under 40 years old.

I studied for my undergraduate degrees at the University of Valladolid, my home town, where I obtained degrees in Law and in Economics. Then I obtained a Masters in European Economic Studies from the College of Europe in Belgium in 1992, and then a Ph.D. in Economics from the University of Chicago. My main supervisor was the late Sherwin Rosen, one of the very finest economists I have ever met, wonderfully helped by the late and wonderful Gary S. Becker and by Kevin M. Murphy and Canice Prendergast. This must be one of the finest committees imaginable and I remain in awe of their talent. I learned all of my economics from all of them, particularly from Kevin Murphy, for whom I was TA and RA for several years.

Apart from my academic research, over the last few years I have worked pretty hard on policy issues related to the Euro crisis (which I have notably been coauthor of a document on a Eurobond proposal, a summary here in the WSJ) and to the Spanish post bubble economy, where I have undertaken applied, policy relevant research, on the economic reforms necessary in Spain, producing documents among others on the Spanish Savings Banks, the Spanish labor market, the productivity of the Spanish economy, and the reforms required to adjust the health and pensions systems to the demographic changes that Spain is experiencing. I have summarized a lot of this work in a book, "El dilema de España" which has reached the top of the non fiction lists. I was an editor till August 2013 and co-founder of Nadaesgratis, the leading blog in Spanish on economic affairs. I tweet occasionally on Spanish issues (in Spanish!) as @lugaricano.