Economics

In defence of Robin Hood

1st March 2010 — Filed under: Economics

Nigel Stanley Nigel Stanley

Duncan Green of Oxfam has a splendidly robust defence of the Robin Hood Tax against its detractors on his blog.

He is absolutely right that many of its critics have build vast superstructures out of arguments necessarily simplified to ensure the campaign goes wider than the wonk community.

And I share his (minor) criticisms of the campaign – but these are now being addressed.

The onus is still on the critics to come up with a better source of finance or justify big cuts, failed Millennium Development Goals and insufficient action to beat climate change.

3 Responses to In defence of Robin Hood

  1. Trackback made by Does a narrowing poll lead spell Doom to the Proud Pound? « Freethinking Economist on Mar 1st 2010 at 5:34 pm:

    [...] I am chomping at the bit to have a go at the links the TUC posted here. The fact that they want to say “it’s a campaign not a seminar” proves to me that [...]

  2. Trackback made by Riding through the glen, again « Freethinking Economist on Mar 1st 2010 at 10:51 pm:

    [...] Robin Hood Tax, Robin Hood Taxes, Tobin Taxes. Leave a Comment The amiable Nigel Stanley draws my attention to a new approach from the defenders of the Robin Hood Tax. First, let me remind you of the basic [...]

  3. Trackback made by Loved by the good | ToUChstone blog: A public policy blog from the TUC on Mar 2nd 2010 at 7:05 pm:

    [...] quotes me: “many of its critics have build vast superstructures out of arguments necessarily simplified to [...]