Archive for October, 2011

  • Guest Post: Limits to Growth – Forty More Years?

    October 31st, 2011 by Herman Daly

    From The Next Forty Years, Jorgen Randers, ed. (forthcoming) Forty years ago when I read The Limits to Growth I already believed that growth in total resource use (population times per capita resource use) would stop within the next forty years. The modeling analysis of the Meadows’ team >> Read more

  • A Tax for the Supercommittee to Embrace

    October 24th, 2011 by John Fullerton

    Last Friday, I participated in a Special Briefing on Capitol Hill in support of the Financial Transactions Tax (FTT). I came as a seasoned practitioner speaking on behalf of the real economy, not for the interests of the Wall Street trading community. What I tried to convey was that what the US and World needs is enhanced capital market function, and that an FTT can help bring it >> Read more

  • Listening to Occupy Wall Street

    October 17th, 2011 by John Fullerton

    I’m a former banker, a one percenter, and I’m mad as hell too.

    Let’s be clear.  This movement is not frustration being expressed, as President Obama, Treasury Secretary Geithner, and now Eric Cantor have suggested.  Frustration is passive; anger is active.  Martin Luther King was not frustrated.  But beyond my anger is real >> Read more

  • Taming the Casino

    October 2nd, 2011 by John Fullerton

    Bloomberg View has joined its Wall Street customers in coming out against the Financial Transactions Tax proposed by Germany and France, and recommended by the European Union, declaring it politically unfeasible while undermining economic growth.

    Presuming for a moment that the politically unfeasible can become reality when good ideas are pursued in a real democracy, it >> Read more