April, 2006

Rejoinder to Lal: Global Welfare, Empire, and Playing God

by Branko Milanovic
The Conversation
April 18th, 2006

I am glad that Deepak Lal has not waited in vain for a Tobin Tax discussion. I cannot speculate when and if the US congress might agree to divest itself of some of its tax-raising powers. Indeed, with the current mood in the country and the current crop of politicians sitting in the Congress, it [...]

Read: Rejoinder to Lal: Global Welfare, Empire, and Playing God

Response to Milanovic on the Tobin Tax, Empire, and Migration

by Deepak Lal
The Conversation
April 18th, 2006

I wondered when the Tobin Tax would come up! This concept envisages taxing financial transactions around the globe to throw some sand into financial markets to tame their volatility. The proceeds to be given to the UN to hand out as welfare payments to the world’s poor may have been endorsed by the World Bank’s [...]

Read: Response to Milanovic on the Tobin Tax, Empire, and Migration