Pigovian_tax | Learn everything there is to know about Pigovian_tax at Reference.com: "Pigovian tax
A Pigovian tax (also spelled Pigouvian tax ) is a tax levied to correct the negative externalities of a market activity.
Pigovian taxes are named after economist Arthur Pigou ( 1877- 1959), who also developed the concept of economic externalities. William Baumol was instrumental in framing Pigou's work in modern economics."
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Tuesday, November 6, 2012
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