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Read through the most famous quotes by topic #shifted
To some, a cap-and-trade system might sound like a neat approach where the market sorts everything out. But in fact, in some ways it is worse than a tax. With a tax, the costs are obvious. With a cap-and-trade system, the costs are hidden and shifted around. For that reason, many politicians tend to like it. But that is dangerous. ↗
My research interests since then have shifted strongly towards the economic and regulatory problems of the financial services industry, and especially of the securities and options exchanges. ↗
#especially #exchanges #financial #financial services #industry