Faculty News
—
Prof. Aswath Damodaran on the Tobin tax
—
![](/sites/default/files/styles/192w_x_144h/public/assets/images/con_034169.gif?h=cd55d432&itok=eyZdt6rf)
Excerpt from Elmundo.es -- "Aswath Damodaran, a finance professor at the Stern School of Business at New York University, believes that it is not so easy and gives four reasons. First, because there is a basic inconsistency in the reasoning of the critics. What is the purpose of taxing financial transactions? Does it increase revenue or to punish the 'evil' speculators (Spanish to English translation)?"
Faculty News
—
![](/sites/default/files/styles/192w_x_144h/public/assets/images/con_034169.gif?h=cd55d432&itok=eyZdt6rf)
Excerpt from Elmundo.es -- "Aswath Damodaran, a finance professor at the Stern School of Business at New York University, believes that it is not so easy and gives four reasons. First, because there is a basic inconsistency in the reasoning of the critics. What is the purpose of taxing financial transactions? Does it increase revenue or to punish the 'evil' speculators (Spanish to English translation)?"