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Smart Taxes: An Open Invitation to Join the Pigou Club

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  • N Gregory Mankiw

    ()
    (Department of Economics, 223 Littauer Center, Harvard University, Cambridge, MA 2138, USA.)

Abstract

Many economists favor higher taxes on energy-related products such as gasoline, while the general public is more skeptical. This essay, based on a talk given at the March 2008 meeting of the Eastern Economic Association, discusses various aspects of this policy debate. It focuses, in particular, on the use of these taxes to correct for various externalities — an idea advocated long ago by British economist Arthur Pigou. Eastern Economic Journal (2009) 35, 14–23. doi:10.1057/eej.2008.43

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Bibliographic Info

Article provided by Palgrave Macmillan in its journal Eastern Economic Journal.

Volume (Year): 35 (2009 Winter)
Issue (Month): 1 ()
Pages: 14-23

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Handle: RePEc:pal:easeco:v:35:y:2009:i:1:p:14-23

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  1. Bryan Caplan, 2007. "Introduction to The Myth of the Rational Voter: Why Democracies Choose Bad Policies
    [The Myth of the Rational Voter: Why Democracies Choose Bad Policies]
    ," Introductory Chapters, Princeton University Press.
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Cited by:
  1. Sun, Stephen Teng & Yannelis, Constantine, 2013. "Quantifying the Premium Externality of the Uninsured," MPRA Paper 54638, University Library of Munich, Germany.
  2. Yannelis, Constantine & Sun, Stephen Teng, 2013. "The Real Effects of the Uninsured on Premia," MPRA Paper 48264, University Library of Munich, Germany.
  3. Dr Barry Naughten, 2013. "Emissions Pricing, 'Complementary Policies' and 'Direct Action' in the Australian Electricity Supply Sector: 'Lock-in' and Investment," CCEP Working Papers 1304, Centre for Climate Economics & Policy, Crawford School of Public Policy, The Australian National University.

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