Titlebook: James Tobin; Robert W. Dimand Book 2014 Palgrave Macmillan, a division of Macmillan Publishers Limited 2014 econometrics.economic growth.e

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Money and Long-Run Economic Growth,t fun to write. It differed from the other growth literature by explicitly introducing monetary government debt as a store of value, a vehicle of saving alternative to real capital, and by generating a business cycle that interrupted the growth process.”

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To Improve the World: Limiting the Domain of Inequality,see Dahl and Tobin 1993). Tobin was acutely aware of living in the country’s richest state and in one of its ten poorest cities (see Tobin 1996a, 252, comparing incomes in New Haven and the rest of its county), a concern that also led him to chair New Haven’s City Plan Commission from 1967 to 1970.

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Taming Speculation: The Tobin Tax,tion by taxing securities trades. Tobin first suggested what became known as “the Tobin tax” in passing in 1972 during a series of lectures honoring his teacher, Joseph Schumpeter — lectures that Tobin chose to use to reflect on his experience on President Kennedy’s Council of Economic Advisers (published as Tobin 1974b).

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James Tobin978-1-137-43195-0Series ISSN 2662-6276 Series E-ISSN 2662-6284