Taxing Wall Street wins more support
Economist Keynes initiated idea
Posted: December 1, 2009 at 3:50 a.m.
John Maynard Keynes proposed a tax on financial transactions in the middle of the Great Depression, and another economist, James Tobin, revived the idea in the 1970s as a way to counter currencymarket speculation.
This story is only available from the archives. Click here to contact the online desk.
Business, Pages 23 on 12/01/2009
(Advertisement)
« Previous Story
Daimler workers protest shift plan
Workers at Daimler AG’s largest Mercedes-Benz factory rallied Monday to sway management from shifting producti... Read »
Next Story »
Lenders told to be more helpful
The Obama administration will crack down on mortgage companies that are failing to do enough to help borrowers at risk of foreclosure, as part of a broad effort to boost pa... Read »
Comments
To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Please read our comment policy.
Use the comment form below to begin a discussion about this content.
Registration is required to make comments. Click here to LOGIN.
You can register for FREE to post comments and receive alerts.