Choose language

Forgot your password?

Need a Spoofbox account? Create one for FREE!

No subscription or hidden extras

Login


After the United States entered the war, I joined the Naval Reserve and spent ninety days in a Columbia University dormitory learning to be a naval officer.


James Tobin


#columbia #columbia university #days #entered #i



Quote by James Tobin

Read through all quotes from James Tobin



About James Tobin





Did you know about James Tobin?

Despite no special preparation for the exams he passed and was admitted with a national scholarship from the university. Vol. See also
Basic income
Guaranteed minimum income
Q Ratio (Tobin's Q ratio)
Tobit model (Tobin's model for censored endogenous variables)
Tobin tax.

This was designed to reduce speculation in the international currency markets which he saw as dangerous and unproductive. Outside of academia Tobin was widely known for his suggestion of a tax on foreign exchange transactions now known as the "Tobin tax". He developed the ideas of Keynesian economics and advocated government intervention to stabilize output and avoid recessions.

back to top