Wednesday, February 15, 2017

When Pigouvians Fly

Economists Martin Feldstein (Harvard) and Gregory Mankiw (Harvard), along with Ted Halstead (Climate Leadership Council), published as clear and concise a paean to carbon taxes as I have ever read, in the February 8, 2017, New York Times.  Arthur Pigou would approve.  If only public policy could live up to this standard of logic and common sense.