2min chapter

The Foresight Institute Podcast cover image

David Brin: Defend Against Physical Threats - Multipolar Active Shields | Gaming the Future Chapter 7

The Foresight Institute Podcast

CHAPTER

Tobin Tax, Is It Enforceable?

"The overall effect of it, a tobin tax, is to change the types of transactions that are profitable when the regulation succeeds," he says. "And regarding how unforcible that is, i also point to the e growth of the derivative market,. Most of the existing derivatives are there so that people don't have to realize capital game and instead can push profit forward."

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