John Coates on *The Problem of Twelve: When a Few Financial Institutions Control Everything*
Macro Musings with David Beckworth
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Size, Listings, Tax Advantages, and Political Changes in the Financial Industry
A discussion on the size and listings on the stock exchange in different countries and the financial industry's use of tax arbitrage. The chapter also covers proposals to limit this opportunity, tax advantages enjoyed by the industry, potential political changes, and the need for better public relations management.
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