Bernard Lietaer makes a case that today the most powerful institutions are the global financial markets and he has the professional experience to make his arguments compelling. He was, until 1994, a currency trader in the Cayman Islands. Among the 1800 funds world-wide, his fund rated first in performance. Before that he was one of the chief planners at the Central Bank of Belgium.
Go to A-Infos to download a broadcast quality copy (29 minutes)
Side B: The Tobin Tax: Tax the Rich to Feed the Poor, code: A176
Currency speculators trade over $1.8 trillion dollars each day across borders. This has contributed to the economic crisis in Europe, Asia, Russia and Brazil. The Tobin Tax was first designed by Yale economist James Tobin. He recommended a transaction tax to slow the market down, to restore national sovereignty, and to create some revenue for public use. The speaker is Ruthanne Cecil who works with the Arcata, California, Tobin Tax Initiative.
Go to A-Infos to download a broadcast quality copy (29 minutes)
Tobin Tax link: <http://www.ceedweb.org/iirp>
code: C401 To order a copy click here: $8.00
