The Great Debate

Taxing spoils of the financial sector

April 22, 2010

If you want less of something, tax it.

That truism is often used as an argument against a tax on profits, or health benefits, or employment, but in the case of the rents extracted from the economy by the financial services industry here’s hoping it proves more of a promise than a threat.

from The Great Debate UK:

“Green growth” strategy viable for African economy

June 12, 2009

michael_keating -Michael Keating is director of the Africa Progress Panel. The opinions expressed are his own.-

Liquidity & inflation, lessons from the 1940s

April 24, 2009

John Kemp Great Debate– John Kemp is a Reuters columnist. The views expressed are his own –

Comparisons between the current downturn and the Great Contraction of 1929-33 have multiplied as commentators and investors have tried to forecast the recession’s likely depth and duration. But as the U.S. economy shows signs of stabilising and attention switches to future inflation the more useful comparison is actually with the 1940s.