Question: A column in the New York Times notes that many economists support Pigovian taxes because, in some sense, we are already paying them. In what
A column in the New York Times notes that many economists "support Pigovian taxes because, in some sense, we are already paying them." In what sense might consumers in a market be "paying" a Pigovian tax even if the government hasn't imposed an explicit tax?
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A Pigovian tax is set equal to the marginal cost of an externality In the absenc... View full answer
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