Sin Taxes for the Financial Industry

I really wished Jeff Frankel blogged more since economists have established an (undeserved) reputation in the media as John Hodgman-style general experts, but the prominent ones who aren’t named Krugman skew decidedly right and reinforce the laissez faire conventional wisdom. That said, Frankel came through today with a post on the head of Britain’s financial […]

Your Data Is Dated

I’m a little frustrated, because supporters of stock or currency transaction taxes – actual card-carrying Economists, not just moonlighting engineers like myself – have written many compelling books and articles on the contributions of short-term investors to market volatility and the ability of transaction taxes on trades to forcibly lengthen investor horizons. However, opponents of […]