Since the election, stock prices have risen sharply on hopes that a wave of pro-growth policies under Donald J. Trump will drive up equity prices even further. But Mr. Trump’s administration will soon face a trend that threatens to move the long-term benefits found in stock markets away from investors and toward exchanges. Continue reading …
Who Benefits From Market Speed Bumps? The Exchanges Read More »
This article was originally posted on TabbForum here By Holly A. Bell Former Secretary of Labor Robert Reich claims financial transaction taxes are simply sales taxes on Wall Street traders and won’t harm markets or cause capital to flee. Yet studies of FTTs in other countries show they harm Main Street and distort markets. Former …
My August Conversation with Mike Chmielewski on Alaska’s Budget Crisis on Radio Free Palmer. Listen Here http://www.radiofreepalmer.org/2016/08/19/matsu-college-professor-holly-bell-talks-about-budgets-8-10-2016/
In the interest of full disclosure, before I launch into my thoughts about Melania Trump’s convention speech, I think it is important to tell you whom I plan to vote for in the upcoming Presidential election. At this moment my charming and faithful dog Annabell is my top choice as a write-in candidate. Yes, I …
As Alaska works to balance the state budget, one thing is certain: We will all have less money in our wallets. The scale of our deficit means we are likely to see both PFD reductions and new taxes. While the governor has proposed an income tax, a sales tax may a better alternative for Alaska. …
Well-structured sales tax does more for Alaska than income tax Read More »
Ill-considered regulation regarding algorithmic trading will adversely affect the ability of legitimate market participants to contribute to liquidity, price discovery, narrow spreads, and low trading costs. The CFTC shares with market participants a growing interest in algorithmic trading and its potential effects on the markets. Rather than working with market participants cooperatively, the Commission proposes …
My latest from Alaska Dispatch News: As our legislators gather in Juneau to consider Alaska’s budget and how to bridge the billions of dollars of shortfall between state income and spending, there are a few key points I would like them to keep in mind. I have twice listened to presentations on the various budget …
Occam’s razor can cut Alaska’s budget problems to the bone Read More »
Much to the disappointment of many of my friends and readers, I tend to be a rational person. I don’t panic at the latest media or twitter hype. As long as I’m not in danger of a head-on collision requiring immediate action, I like to think about things a bit before I draw any conclusions. …
Every year I attend a major economics conference to geek out with and learn from a significant collection of global economists. While just breathing the air at such an event can be inspiring, talking to people often leads to sheer terror about the future of our national and global economy. Last year’s event was no …
The President’s recent visit to Alaska was in many ways controversial, but there was one positive aspect to it: It has inspired me to start blogging again. While I realize this excites some, frightens others, and disinterests most, there were so many things I wanted to blog about during the President’s visit, that I had …
The Positive Side of The President’s Visit to Alaska Read More »
