Financial Transactions Tax: What is the problem?

“The financial sector has grown too big and volatile and something must be done. A tax on financial transaction is something, therefore a tax on financial transaction must be done.” If you can spot the logical error in that line of reasoning you just outsmarted many European policymakers. Eleven EU countries – including France, Germany, […]

Will Technological Development Take Your Job?

In The Terminator, a highly intelligent computer becomes self-aware and starts a nuclear holocaust that wipes out the human race, leaving only a few brave souls left to fight the robot soldiers, impersonated by Arnold Schwarzenegger. The fictional date of this catastrophic event – August 27, 1997 – has long since come and gone without […]