Last night’s edition of Phillip Adams’s program on BC Radio National, Late Night Live, carried an interview on the question of an international financial transactions tax, known as the Tobin Tax.
The interviewees were:
- Peter Singer, the Ira W. DeCamp Professor of Bioethics at Princeton University, and laureate professor at the Centre for Applied Philosophy and Public Ethics (CAPPE) at the University of Melbourne.
- Australia 21 Fellow Ross Buckley, Professor of International Financial Law at the University of New South Wales.
The promo for the program states:
It's been nearly 40 years since American economist and Nobel laureate, James Tobin, proposed a tax on foreign exchange transactions. Tobin saw danger ahead unless there was a reduction in speculation in international currency markets. He envisaged that this tax might go towards supporting the United Nations or funding projects of benefit to Third World or developing countries. It was known as the Tobin Tax. Now there's a campaign up and running for the introduction of a Tobin-like tax called The Robin Hood tax. The campaign was launched last month in the U.K.
The program will be repeated on ABC Radio National this afternoon at 4.00 pm Australian Eastern Summer Time, or this segment may be heard in streaming audio or downloaded onto your iPod from here.