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James Tobin

Description:

James Tobin was an American economist who made significant contributions to the field of economics, particularly in the areas of monetary policy and financial markets. He is best known for his work on Keynesian economics and his advocacy for government intervention to stabilize the economy. Tobin received the Nobel Prize in Economic Sciences in 1981.

Sense 1 - Noun (Person):

James Tobin was a renowned economist whose theories greatly influenced the field of macroeconomics.

Sample Sentence: James Tobin's ideas on the relationship between monetary policy and employment are widely studied and debated in academic circles.

Sense 2 - Noun (Economics Theory):

James Tobin proposed the Tobin Tax, a tax on currency transactions, as a means to reduce speculation in financial markets and stabilize exchange rates.

Sample Sentence: The concept of a Tobin Tax has been discussed by policymakers as a potential tool for regulating global financial markets.

Sense 3 - Noun (Local):

In some regions, James Tobin may refer to a local business or establishment bearing that name.

Sample Sentence: If you're looking for a cozy place to grab a cup of coffee, I recommend checking out James Tobin café in downtown.

Related Products:

• Books by James Tobin
• Economics textbooks
• Keynesian economics books