Defenders of the loophole claim it stimulates risk taking, but that argument doesn't bear inspection.
And we must end "the obscene compensation packages of the financial sector which helped stimulate risk taking".
Radiohead's OK Computer is the Pet Sounds to this Sgt. Pepper--the challenge that stimulates risk.
Capitalism requires inequality of wealth, runs this right-of-centre argument, to stimulate risk-taking and effort; governments trying to stem it with taxes on wealth, capital, inheritance and property kill the goose that lays the golden egg.
As Mr Haldane says, sound macroprudential policy can "allay the fear factor, speed the repair of balance sheets and stimulate risk-taking".
Knocking down the capital gains tax barrier would stimulate risk-takers to invest again.
But at a time when venture capital for young companies is already squeezed by the recession, and when the economy is in serious need of new jobs, Congress should find ways to stimulate, not risk hindering, the formation of venture capital.
HFSP, the only program of its kind worldwide, provides research grants for intercontinental teams, postdoctoral fellowships, and career development awards to stimulate high-risk research on complex biological systems, with an emphasis on quantitative methods.
Stimulating advances in risk prediction have also been made in the field of cardiology: by adding 9p21 and another seven genetic risk factors to traditional CAD risk factor models, the deCODE MI™ (deCODE Genetics, Iceland) test demonstrated increased sensitivity to predict myocardial infarction.
The good news, Hammond said, is that many of the measures to reduce climate risk stimulate - not decimate - economic growth: The global low carbon economy is already worth $6tn, and is growing 4-54-5%yea year
