Sunday, 25 June 2017 / TRUTH-OUT.ORG

THIS IS NOT A PAYWALL

Unlike many media outlets, Truthout never blocks your access to the latest news: There is not a single ad or paywall on our site.

Instead, reader donations have kept us online for more than 15 years.

If you value what you read at Truthout, help keep our nonprofit newsroom strong.

Click here
to donate.

Taxcast: Staggering Numbers on the High Cost of Our Finance Sectors

Tuesday, March 28, 2017 By Naomi Fowler, Tax Justice Network | Audio Segment
  • font size decrease font size decrease font size increase font size increase font size
  • Print

Media

In our March 2017 Taxcast: the high price we're paying for our finance sectors -- we look at staggering statistics showing how the US finance sector is a net drag on their economy.

Also, as the British government initiates Brexit divorce negotiations to leave the EU, we discuss something they ought to know, but obviously don't -- they're actually in a very weak position. Could it mean the beginning of the end of the finance curse gripping the UK economy?

Featuring: John Christensen and Alex Cobham of the Tax Justice Network, and Professor of Economics Gerald Epstein of the University of Masachusetts Amhurst, author of Overcharged: The High Cost of High Finance. Produced and presented by Naomi Fowler for the Tax Justice Network.

"If you look at particular finance centres, say London and New York, the problem is that the net cost of this system is quite significant, it imposes a cost not only on people who use finance but for the whole economy. So, what we need to think about is what are the more productive activities that ought to be substituted for these excessive aspects of finance?"—Professor Gerald Epstein

"We might be seeing the start of the end of Britain's grip by the Finance Curse"—John Christensen, Tax Justice Network on Britain's weak position in Brexit negotiations

Download the mp3 to listen offline anytime on your computer, mobile/cell phone or handheld device by right clicking here and selecting "save link as."

Want more Taxcasts? The full playlist is here. Want to subscribe? Subscribe via email by contacting the Taxcast producer on naomi [at] taxjustice.net OR subscribe to the Taxcast RSS feed here OR subscribe to our youtube channel, Tax Justice TV OR find us on iTunes.

This piece was reprinted by Truthout with permission or license. It may not be reproduced in any form without permission or license from the source.

Naomi Fowler

Naomi Fowler is a global radio journalist and the producer of Taxcast. Folllow her on Twitter: @Naomi_Fowler.


Hide Comments

blog comments powered by Disqus
GET DAILY TRUTHOUT UPDATES
Optional Member Code

FOLLOW togtorsstottofb


Taxcast: Staggering Numbers on the High Cost of Our Finance Sectors

Tuesday, March 28, 2017 By Naomi Fowler, Tax Justice Network | Audio Segment
  • font size decrease font size decrease font size increase font size increase font size
  • Print

Media

In our March 2017 Taxcast: the high price we're paying for our finance sectors -- we look at staggering statistics showing how the US finance sector is a net drag on their economy.

Also, as the British government initiates Brexit divorce negotiations to leave the EU, we discuss something they ought to know, but obviously don't -- they're actually in a very weak position. Could it mean the beginning of the end of the finance curse gripping the UK economy?

Featuring: John Christensen and Alex Cobham of the Tax Justice Network, and Professor of Economics Gerald Epstein of the University of Masachusetts Amhurst, author of Overcharged: The High Cost of High Finance. Produced and presented by Naomi Fowler for the Tax Justice Network.

"If you look at particular finance centres, say London and New York, the problem is that the net cost of this system is quite significant, it imposes a cost not only on people who use finance but for the whole economy. So, what we need to think about is what are the more productive activities that ought to be substituted for these excessive aspects of finance?"—Professor Gerald Epstein

"We might be seeing the start of the end of Britain's grip by the Finance Curse"—John Christensen, Tax Justice Network on Britain's weak position in Brexit negotiations

Download the mp3 to listen offline anytime on your computer, mobile/cell phone or handheld device by right clicking here and selecting "save link as."

Want more Taxcasts? The full playlist is here. Want to subscribe? Subscribe via email by contacting the Taxcast producer on naomi [at] taxjustice.net OR subscribe to the Taxcast RSS feed here OR subscribe to our youtube channel, Tax Justice TV OR find us on iTunes.

This piece was reprinted by Truthout with permission or license. It may not be reproduced in any form without permission or license from the source.

Naomi Fowler

Naomi Fowler is a global radio journalist and the producer of Taxcast. Folllow her on Twitter: @Naomi_Fowler.


Hide Comments

blog comments powered by Disqus