James Tobin

...in St Andrews when he suggested a tax on financial transactions, sometimes called a Tobin tax after the Nobel Prize winning economist James Tobin. The response ranged from massive enthusiasm from some campaigners to near rejection from...

In this article: Tax, Tim Geithner, Climate change, Nobel Prize, Jim Flaherty, International Monetary Fund, Oxfam, and Gordon Brown

...its track record is thin. When Tobin first proposed the idea in 1972, it was seen as a way to stop currency speculators after the collapse of the Bretton Woods system of fixed exchange rates, but it was never imposed. Sweden enacted a tax on...

In this article: Tax, Gordon Brown, London, Nicolas Sarkozy, Financial crisis, Adam Smith, Britain, Revenue, and Yale

...and rewards". His comments were seen as an endorsement of the so-called Tobin tax - a proposal for an international tax on currency transactions floated by the economist James Tobin in the 1970s but never implemented. Any proposal of...

In this article: Tax, Gordon Brown, Alistair Darling, International Monetary Fund, Timothy Geithner, Recession, and US

...would make it into law. The Democrats' proposal follows discussion in Europe about a so-called Tobin tax, which was named after James Tobin, the Nobel prize-winning economist who in 1971 suggested a tax on currency trades to reduce...

In this article: Tax, Gordon Brown, Derivative, International Monetary Fund, Unemployment, and Nobel Prize

...collapse of the Bretton Woods exchange-rate system. Since then, Mr. Tobin's intent has been broadened in policy debate to include wider taxes on financial transactions of other types. The wider application of the tax was aired at a summit...

In this article: Tax, Russia, Vladimir Putin, South Korea, Taiwan, Moscow, Brazil, and All rights reserved