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Andrew Roberts, a leading mid-Atlanticist, also made the British empire seem like an American neocon wet dream in its alleged boosting of "free trade, free mobility of capital … low domestic taxation and spending and 'gentlemanly' capitalism".
The model does not impair the mobility of capital.
Mobility of capital can also promote necessary adjustment to shocks.
He has long emphasised the increasing mobility of capital.
"Does taxing property get round the mobility of capital?
Some restraints on the mobility of capital will have to be devised - and enforced.
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The authors argue that thanks to the mobility of international capital that gap should soon close (albeit in part because global rates will probably fall).
At a global level, sovereignty today means less than it once did: globalisation, the mobility of international capital, the power of multinationals, means that economically and fiscally, it is hard for countries to do much radically different.
Mr Summers has similar concerns, arguing that the increasing mobility of global capital limits the government's ability to act as firms move away from America in search of low-tax regimes.These economists all eschew protectionism as a solution, arguing instead for domestic changes, such as health-care and education reform as well as greater redistribution through the tax system.
Perhaps now more than ever, the increased mobility of private capital creates this need (Harvey 2005).
The experiments also highlight the sensitivity of the transitional dynamics with respect to assumptions regarding the mobility of physical capital.
More suggestions(16)
movement of capital
redeployment of capital
flow of capital
turnover of capital
transfer of capital
displacement of capital
ability of capital
circulation of capital
mobilisation of capital
movements of capital
mobility of transcription
mobility of elbow
mobility of sink
mobility of marker
mobility of knee
mobility of wrist
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