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YouTubeMacro Economics with Michael.
James Tobin — The Nobel Idea That Changed Economics (1981) #Shorts
James Tobin · Nobel Prize in Economics, 1981. Developed portfolio selection models and proposed the "Tobin Tax"—a small tax on short-term foreign currency trades to stop wild market speculation. Why it matters today: It’s the foundational concept behind modern discussions on taxing high-frequency algorithmic crypto and stock trading ...
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