Size and the City
Confusion over how to value banks’ assets explains Britain’s swollen financial sector
Big banks should be broken up, not taxed
A Tobin tax would only work by destroying financial activity. The government must instead break up large banks and regulate them better
Tobin tax is national economic suicide
Adair Turner's suggestion that the financial services industry has become too big is ludicrous. How can any export industry be too large for the country that hosts it?
Taxing incompetent banks won’t fix them
Bankers have been awesomely incompetent and the financial system is broken. But a Tobin tax is not the answer
A Tobin tax for Wall Street?
Larry Summers backs a Tobin tax (or at least he did in 1989)
How to tame global finance
A group of leading financial analysts quiz Britain’s top regulator on what went wrong, while experts including Robert Kuttner and Oliver Kamm offer their responses.
Editorial
Welcome to the September issue of Prospect
A bad year in the City
Lehman collapsed in September 2008, beginning twelve of the worst months the City has ever known
Matters of taste
There are benefits to organic food that the recent Food Standards Agency report missed. Plus, rediscovering the humble apple
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