Kate Adams Book 2

Kate Adams Book #2

Here's your chance to get a FREE early Kindle edition of my second novel, WHISTLEBLOWERS! During the month of March you can go to the Kindle Scout link below, read a few chapters of the book, and if you like it, nominate it for an Amazon publishing contract. If it’s selected, you’ll receive a Kindle edition FREE before the publication date. <a href="https://kindlescout.amazon.com/p/OMIOP5VQ8CC3">https://kindlescout.amazon.com/p/OMIOP5VQ8CC3</a> <a href="http://www.professorhollybell.com/wp-content/uploads/2018/03/Final-1.jpg"><img class="alignnone size-medium wp-image-3041" src="http://www.professorhollybell.com/wp-content/uploads/2018/03/Final-1-188x300.jpg" alt="Kate Adams Book 2" width="188" height="300" /></a>

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Who Benefits From Market Speed Bumps? The Exchanges

<p class="story-body-text story-content" data-para-count="159" data-total-count="159">Since the election, stock prices have risen sharply on hopes that a wave of pro-growth policies under Donald J. Trump will drive up equity prices even further.</p> <p class="story-body-text story-content" data-para-count="166" data-total-count="325">But Mr. Trump’s administration will soon face a trend that threatens to move the long-term benefits found in stock markets away from investors and toward exchanges.</p> <p class="story-body-text story-content" data-para-count="166" data-total-count="325">Continue reading in The <a href="http://www.nytimes.com/2016/12/23/business/dealbook/who-benefits-from-market-speed-bumps-the-exchanges.html?_r=0">New York Times</a></p> <p class="story-body-text story-content" data-para-count="166" data-total-count="325"><em>Holly A. Bell is an associate professor at the University of Alaska in Anchorage and a consulting scholar on financial market structure and regulation. She is also the author of the thriller <a href="https://www.amazon.com/Trading-Salvos-Kate-Adams-Novel-ebook/dp/B01H0OOUE0">“Trading Salvos.”</a></em></p>

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Fiscal Policy

Why a Financial Transaction Tax Is a Bad Idea

<em>This article was originally posted on TabbForum <a href="http://tabbforum.com/opinions/associate-professor-university-of-alaska-anchorage">here</a></em> By Holly A. Bell Former Secretary of Labor Robert Reich claims financial transaction taxes are simply sales taxes on Wall Street traders and won’t harm markets or cause capital to flee. Yet studies of FTTs in other countries show they harm Main Street and distort markets. Former Secretary of Labor Robert Reich recently produced a snappy video about why financial transactions taxes (FTTs) as proposed by Bernie Sander’s on the campaign trail should be retained and turned into law. Unfortunately, his pithy presentation is wrought with inaccuracies. He begins by modifying the language of FTTs by shruggingly telling us it’s just a sales tax. We pay sales taxes on many things and it’s only “fair,” he claims, that anyone who sells a stock should pay a tax too. Yet it’s not exactly like a sales tax. For one thing, it’s not transparent. When you go

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A Conversation on Alaska’s Budget Crisis

My August Conversation with Mike Chmielewski on Alaska's Budget Crisis on Radio Free Palmer. Listen Here <a href="http://www.radiofreepalmer.org/2016/08/19/matsu-college-professor-holly-bell-talks-about-budgets-8-10-2016/">http://www.radiofreepalmer.org/2016/08/19/matsu-college-professor-holly-bell-talks-about-budgets-8-10-2016/</a>

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The Last Remaining Political Speech

In the interest of full disclosure, before I launch into my thoughts about Melania Trump’s convention speech, I think it is important to tell you whom I plan to vote for in the upcoming Presidential election. At this moment my charming and faithful dog Annabell is my top choice as a write-in candidate. Yes, I am among the disgruntled, which requires the giant assumption that I was ever gruntled. Yet, despite my lack of enthusiasm for any Presidential candidate short of the entertainment value of the large rubber boot perched atop the head of Vermin Supreme, I’m about to defend Melania’s alleged ‘plagiarized’ speech. Well, maybe not defend, but at least explain why her speech was so similar to Michelle Obama’s. The reason is actually very basic. It’s the same reason all beer is ‘refreshing’, all mattresses lead to ‘better sleep’, and hamburgers are always ‘juicy and seasoned to perfection’. Presidents are

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Wiki

…and then one morning you wake up and you’re a reference on Wikipedia

Life is weird sometimes. I had a pretty great week last week. I got to go to Chicago early in the week to speak at a conference on high-frequency and algorithmic trading and meet a lot of interesting--and frighteningly smart--people. I always enjoy getting my nerd on with other academics and policy wonks especially when combined with industry experts and a guy who started university at 14 and now builds neural networks to create artificial intelligence-type systems to trade stocks. For about 2 1/2 minutes I was even able to hold my own in a conversation with him about how his systems handle outliers in their outputs. Being in Chicago also allowed me to enjoy their freakishly warm 70-degree temperatures while Alaska was experiencing slick roads due to freezing rain and snow. Upon returning home I received another speaking invitation and an offer to be a guest on Reuters Global Markets Forum.

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Macroeconomics

One Reason Our National Economic Policy Stinks

<a href="http://www.professorhollybell.com/wp-content/uploads/2015/09/ID-100332225.jpg"><img class="wp-image-2757 alignleft" src="http://www.professorhollybell.com/wp-content/uploads/2015/09/ID-100332225-300x300.jpg" alt="Macroeconomics" width="276" height="276" /></a>Every year I attend a major economics conference to geek out with and learn from a significant collection of global economists. While just breathing the air at such an event can be inspiring, talking to people often leads to sheer terror about the future of our national and global economy. Last year’s event was no exception. At one of the many receptions I attended, I was nibbling hors d'oeuvres & sipping a glass of wine surrounded at the table by young professionals. About half worked for government agencies and the other half were PhD Students. One of the PhD students, we’ll call him Frank, was getting ready to graduate from a prestigious university in a few months with a degree in Macroeconomics and Econometrics and move to a job at the Federal Reserve. Frank fancied himself an expert on inflation targets and monetary

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Denali II

The Positive Side of The President’s Visit to Alaska

The President’s recent visit to Alaska was in many ways controversial, but there was one<a href="http://www.professorhollybell.com/wp-content/uploads/2015/09/IMG_4392.jpg"><img class="size-medium wp-image-2747 alignright" src="http://www.professorhollybell.com/wp-content/uploads/2015/09/IMG_4392-225x300.jpg" alt="Denali" width="225" height="300" /></a> positive aspect to it: It has inspired me to start blogging again. While I realize this excites some, frightens others, and disinterests most, there were so many things I wanted to blog about during the President’s visit, that I had to give the blog a facelift and return the hamsters to the power wheel. So where have I been and what have I been doing? Writing for money primarily, but that kind of writing doesn’t really let me fully express myself. It’s like a perpetual job interview in which you have to keep editors happy and manage your emotional outbursts. You have no idea how badly I want to overuse exclamation points!!!!!! Phew, that’s better. Since the President is gone and discussion of his trip is mostly over,

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Medicine

A Funny Thing Happened On the Way to Old Age…

<a href="http://www.professorhollybell.com/wp-content/uploads/2015/09/ID-100102398-23.jpg"><img class="size-medium wp-image-2741 alignright" src="http://www.professorhollybell.com/wp-content/uploads/2015/09/ID-100102398-23-200x300.jpg" alt="Medicine" width="200" height="300" /></a>My doctor of many years decided he’d rather spend his days hiking than playing ‘identify this rash’ twelve times a day and retired a few months ago at the age of 71. This left me, for the second time in my life, with the reluctant task of replacing a retired doctor. I hate finding new doctors. When my very first doctor retired, the only physician in my small town who was taking patients was an osteopath. I didn’t care much for him. I felt like he was always treating me with special herbs and spices instead of practicing medicine, yet he looked great by comparison to the doctor I ended up with in the next city I moved to. When we got to Alaska, we asked some of the doctors we knew from our neighborhood and civic organizations who they would see for

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HFT

HFT Regulation Requires Attention to Motives and Consequences

<h3 class="dek">What motivates countries to discourage HFT?<a href="http://www.professorhollybell.com/wp-content/uploads/2014/05/ID-100173239.jpg"><img class="alignright size-medium wp-image-2696" src="http://www.professorhollybell.com/wp-content/uploads/2014/05/ID-100173239-300x211.jpg" alt="HFT" width="300" height="211" /></a></h3> <p class="dek">"While there are several empirically demonstrated benefits of high-frequency trading, including improved liquidity and reduced transaction costs, the current arguments against HFT are largely qualitative in nature. With that in mind, what are the drivers behind global HFT regulation, and do they suggest a market failure attributable to HFT?"</p> <p class="dek">My article, previewed above, is available at <a href="http://tabbforum.com/opinions/hft-regulation-requires-attention-to-motives-and-consequences" target="_blank">Tabb Forum</a></p> <h3 class="dek"><a href="http://www.professorhollybell.com">Return to homepage</a></h3>

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