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Smart Taxes: An Open Invitation to Join the Pigou Club

  • Mankiw, N. Gregory

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.

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Paper provided by Harvard University Department of Economics in its series Scholarly Articles with number 4263740.

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Date of creation: 2009
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Publication status: Published in Eastern Economic Journal
Handle: RePEc:hrv:faseco:4263740
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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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