Europe – What’s the point?
I have always believed that the EU and the Euro are simply ego trips for a few Northern European politicians, their desire for a legacy. For Southern and Eastern Europeans the EU and Euro are […]
I have always believed that the EU and the Euro are simply ego trips for a few Northern European politicians, their desire for a legacy. For Southern and Eastern Europeans the EU and Euro are […]
The Tobin (or Robin Hood) Tax was proposed decades ago by the eponymous Nobel Laureate (that’s James Tobin, not Robin Hood) as a means of stabilizing currencies via a small tax on all transactions. Every […]
(A version of this was first published on Bloomberg.com on May 24, 2011.) One of the supposed silver linings of our recent economic disaster was the idea that we finally understood how hazardous our exotic […]
I like to teach certain quant finance ideas by reference to real life, often involving supermarkets and tins of baked beans (see for example The Role of Mathematics in Finance: Relevance, Reliance, Robustness). This is […]
We hear a lot about how talent will leave the major financial centres if taxes or regulations become unacceptable. That people move to more favourable locations is more or less plausible. But what seems to […]
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