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Mamdani’s New York: Promises facing Fiscal Reality

Download PDF Introduction On November 4th, the 34-year-old democratic socialist Zohran Mamdani became the first Muslim mayor-elect of New York City, comfortably defeating the former governor of New York, Andrew Cuomo. Some of his major policy promises throughout his campaign include freezing the rent for all stabilized tenants, providing free Read more…

By BSIC, 3 days16 November 2025 ago
Macroeconomic Views Old Articles

The EU financial transaction tax (EU FTT, aka the “Tobin Tax”)

The EU financial transaction tax (EU FTT, aka the “Tobin Tax”)   The tax that divides Europe. “Any US or Asian institutions trading securities issued in France, Germany, Italy or Spain would also be taxed”.   Aims: Raise new revenues for the EU, thus plugging gaps in national budget deficitsand Read more…

By BSIC, 13 years16 March 2013 ago

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