To an economist, raising significant funds with Pigouvian taxes on externalities is a dream come true.From Aaron S. Edlin and Pinar Karaca-Mandic, in their article on "The Accident Externality from Driving." Here is a free link to the paper.
Thursday, November 2, 2006
What economists fantasize about
In the latest issue of the JPE, I find this sentence:
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