Speculation

Why We Need a Financial Transactions Tax

Author: 
John Fullerton

 

Speculators may do no harm as bubbles on a steady stream of enterprise. But the situation is serious when enterprise becomes the bubble on a whirlpool of speculation. 

                   - John Maynard Keynes, Speculator and Economist

Commodities are Different (in a "Full World")

Foreign Policy’s recent “How Goldman Sachs Created the Food Crisis” reflects the dangerous, myopic thinking all too prone to “blame Wall Street” that is a natural consequence of Wall Street’s appalling, anti-social behavior in recent years.

Commodities are Different (in a "Full World")

Author: 
John Fullerton

Foreign Policy’s recent “How Goldman Sachs Created the Food Crisis” reflects the dangerous, myopic thinking all too prone to “blame Wall Street” that is a natural consequence of Wall Street’s appalling, anti-social behavior in recent years.

Un-blissful Ignorance of "This Wild Balloon"


After my Thanksgiving turkey, I digested two recent commentaries on the financial industry, “Inside Job,” the mostly fair but incomplete documentary narrated by Matt Damon, and the balanced and accurate New Yorker essay, “What Good is Wall Street,” by John Cassidy.

Un-blissful Ignorance of "This Wild Balloon"

Author: 
John Fullerton

After my Thanksgiving turkey, I digested two recent commentaries on the financial industry, “Inside Job,” the mostly fair but incomplete documentary narrated by Matt Damon, and the balanced and accurate New Yorker essay, “What Good is Wall Street,” by John Cassidy.

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