Cut Wall Street Down to Size With a Financial Speculation Tax

Cut Wall Street Down to Size With a Financial Speculation Tax

If you want to transform the economy, you have to cut Wall Street down to its proper size. One way to do that is to tax the short-term speculative activities that dominate and distort financial markets. For ordinary investors, the costs would be negligible, like a...

Breaking Up That Old Gang of Mine

George Bush’s most steadfast backer in the March 2003 preventive war invasion and occupation of Iraq has been British Prime Minister Tony Blair. The Bush-Blair “dynamic duo” act is, however, about to end. Blair is soon to resign his post in favor of...