James Tobin was an American economist who served on the Council of Economic Advisers and the Board of Governors of the Federal Reserve System, and taught at Harvard and Yale Universities. He developed the ideas of Keynesian economics, and advocated government intervention to stabilize output and avoid recessions. His academic work included pioneering contributions to the study of investment, monetary and fiscal policy and financial markets. He also proposed an econometric model for censored dependent variables, the well-known Tobit model. Along with fellow Neo-Keynesian economist James Meade in 1977, Tobin proposed nominal GDP targeting as a monetary policy rule in 1980. Tobin received the Nobel Memorial Prize in Economic Sciences in 1981 for "creative and extensive work on the analysis of financial markets and their relations to expenditure decisions, employment, production and prices."
Robert Mills may refer to:
The Plymouth Company was an English joint-stock company founded in 1606 by James I of England. It was a company of Knights, merchants, adventurers, and planters of the cities of Bristol, Exeter and Plymouth. Its purpose was establishing settlements on the coast of North America. Between 38 and 45 degrees north latitude, within 100 miles of the seaboard . The merchants agreed to finance the settlers’ trip in return for repayment of their expenses plus interest out of the profits made.
James or Jim Gordon may refer to:
John Tobin was a British playwright, who was for most of his life unsuccessful, but in the year of his death made a hit with The Honey Moon. Other plays were The Curfew and The School for Authors.
James Thornton may refer to:
James Taylor is an American singer/songwriter and guitarist.
James, Jim(mie), or Jimmy Walker may refer to:
James Tobin is an Australian television presenter.
Thornton is a surname found in Ireland and Britain.
A currency transaction tax is a tax placed on the use of currency for various types of transactions. The tax is associated with the financial sector and is a type of financial transaction tax, as opposed to a consumption tax paid by consumers, though the tax may be passed on by the financial institution to the customer.
The crisis of 1772, also known as the credit crisis of 1772 or the panic of 1772, was a peacetime financial crisis which originated in London and then spread to other parts of Europe, such as Scotland and the Dutch Republic. Alexander Fordyce, a partner in the banking house Neal, James, Fordyce and Down in London, had lost £300,000 shorting East India Company stock. On 8 June 1772, Fordyce fled to France to avoid debt repayment, and the resulting collapse of the firm stirred up panic in London. Economic growth at that period was highly dependent on the use of credit, which was largely based upon people’s confidence in the banks. As confidence started ebbing, paralysis of the credit system followed: crowds of people gathered at the banks and requested debt repayment in cash or attempted to withdraw their deposits. As a result, twenty important banking houses went bankrupt or stopped payment by the end of June, and many other firms endured hardships during the crisis. At that time, the Gentleman’s Magazine commented, "No event for 50 years past has been remembered to have given so fatal a blow both to trade and public credit".
James Tobin is an American economist and educator. He is the founder of Taxpayers United of America and a proponent of tax relief.
James Hawkins may refer to:
William C. "Bill" Brainard is an American economist. He is the Arthur Okun Professor Emeritus of Economics at Yale University, and he served as the provost of the university from 1981 to 1986. Brainard is the namesake of the William C. Brainard chair, which current Yale provost Ben Polak holds. Brainard earned both his economics M.A. (1959) and Ph.D. (1963) at Yale. He has been teaching at Yale since 1962.
Tobin is an Irish surname, and may refer to:
James Tobin (1736/7–1817) was an English merchant, and a plantation owner in Nevis. He is known as an advocate and apologist for slavery.
James Fagan may refer to:
This page is based on this
Wikipedia article Text is available under the
CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.
