Noun
United States economist (1918-2002)
Source: WordNetIn a similar vein, Nobel laureate James Tobin noted that such inflation would cause businesses to substitute investment in physical capital (plant, equipment, and inventories) for money balances in their asset portfolios. Source: Internet
Lord Turner’s suggestion that a “ Tobin tax ” – named after James Tobin – should be considered for financial transactions made headlines around the world. Source: Internet
See, for example, "Inflation and Unemployment" by James Tobin, The American Economic Review, Vol. 62, No. 1/2 (Mar. 1, 1972), pp. 1-18. Source: Internet
Two (not so) new ideas: Along with a few other progressives (and the late Nobel laureate James Tobin), I’ve long advocated for a tiny tax of a few hundredths of a percent on financial transactions. Source: Internet