When was economist James Tobin born?
James Tobin
James Tobin (March 5, 1918 – March 11, 2002) was an American economist who served on the Council of Economic Advisers and the Board of Governors of the Federal Reserve System, and taught at Harvard and Yale Universities. He developed the ideas of Keynesian economics, and advocated government intervention to stabilize output and avoid recessions. His academic work included pioneering contributions to the study of investment, monetary and fiscal policy and financial markets. He also proposed an econometric model for censored endogenous variables, the well-known "Tobit model". Tobin received the Nobel Memorial Prize in Economic Sciences in 1981.
Association for the Taxation of Financial Transactions and for Citizens' Action
Attac was founded to promote the Tobin tax by the Keynesian economist James Tobin. Tobin has said that Attac has misused his name. He says he has nothing in common with their goals and supports free trade — "everything that these movements are attacking. They're misusing my name." 