Technological Revolutions and Financial Capital is a slim (171 pages of text) book with a hefty punch. In it Carlota Perez charts major technological changes over two centuries that drew in massive amounts of speculative capital, created a bubble that then burst, and then continued in a quieter fashion to spread through the world drawing [...]

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NY Times Columnist Bob Herbert gave wide exposure to an idea that has not received much press – taxing transactions. He publicised the suggestion from economist Dean Baker, who argues it could raise $100 billion and put a slight damper on speculation.  (Ok, I admit, I did write about transaction taxes here at the end [...]

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