Main menu For students For teachers Explore our subjects Student events & courses

Explore

More for students
Sign in

Teaching Economics

Blog

Celebrities lobby for a Robin Hood tax

Geoff Riley

10th February 2010

Share this content:

A tax on financial transactions has been put forward a way of reducing the scale of speculative trading by banks and other financial organisations - a so-called Tobin Tax has been discussed for many years. Now Oxfam, the Trades Unions and a cluster of celebrities have lent their support to a new tax on the banks. I feel their angst but celebrity endorsement does little in my view to take the issue forward.

Guardian: The time is ripe for a Tobin tax (Larry Elliot)

Share this content:

Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

You might also like

Ending Peruvian Poverty

8th October 2015

Global Goals are set to address poverty and underdevelopment

6th October 2015

Dissecting the Commodity Price Meltdown

5th October 2015

Uber faces UK regulatory review

2nd October 2015

How do you deal with someone who thinks the Earth is flat?

23rd September 2015

Don't panic - how to end poverty!

23rd September 2015

Teaching PowerPoints for A Level Economics

23rd September 2015

John McDonnell's Economics

16th September 2015