January 15, 2009 | Journal Article
  • Type of publication: Journal Article
  • Research or In The Media: Commentary
  • Research Area: Finance, Jobs & Macroeconomics
  • Publication Date: 2009-01-15
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  • Authors:
    • Add Authors: Robert Pollin
  • Show in Front Page Modules: Yes

In this article in the Boston Review, Robert Pollin sketches out a set of proposals to reform our failed financial markets, while simultaneously turning the power of the markets towards productive activities, such as the development of clean-energy technologies. Pollin describes five elements of this financial reform: a modest tax on security trading, democratizing the Federal Reserve, asset reserve requirements, targeted loan guarantee programs, and the formation of a public credit rating agency.

 

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