French support for stronger fiscal rules. And EU leaders can claim that the financial sector is being made to contribute to the costs of Europe’s financial cleanup. To paraphrase the famous put down of then-Senator Dan Quayle in the US vice presidential...

David Cameron vetoed an EU treaty that would have included a financial transaction tax. The move has widely been welcomed by the City, but if it does make its way into EU law – and indeed in the US as well – what will its impact be on trading? Nicknamed...

No more talk about the “absurdity” of a tax on financial transactions, or the danger that the goose — speculation — might lay its golden eggs in some other country. We could still be content to “throw some sand in the wheels of our excessively...

Short is the vice president of research at Advisor Perspectives. The Q Ratio is a popular method of estimating the fair value of the stock market developed by Nobel Laureate James Tobin. It's a fairly simple concept, but laborious to calculate. The Q...

It’s a shame that the proponents of such a tax don’t seem to have done even a basic amount of homework. The original idea introduced by Nobel Laureate economist James Tobin was conceived as a tax on all spot conversions of one currency into another. ...

The tax is intended to dissuade speculators from making very short-term investments in foreign exchange. But Mr Cameron argued that the so-called 'Tobin Tax' - named after American economist James Tobin - would penalise the City of London, where 75 per...