Finance:Pigou Club

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The Pigou Club is described by its creator, economist Gregory Mankiw, as a “group of economists and pundits with the good sense to have publicly advocated higher Pigovian taxes, such as gasoline taxes or carbon taxes."[1] A Pigovian tax (also spelled Pigouvian tax, named after economist Arthur Cecil Pigou) is a tax levied to correct the negative externalities (negative side-effects) of a market activity. These ideas are also known as an ecotaxes or green tax shifts.[citation needed]

Members[citation needed]

Members Date of induction Description
Daron Acemoglu[2] Sept 2011 Economist
Frank Ackerman November 29, 2015[3] Economist
Jonathan Adler[4] May 30, 2012 Law Professor
Joseph Aldy May 3, 2016[5] Policy Professor
Anne Applebaum February 6, 2007 Pundit
Kenneth Arrow March 28, 2014[6] Economist
Joseph Avellone March 20, 2014[7] Politician
Katherine Baiker[8] July 19, 2012 Economist
Dean Baker[8] July 19, 2012 Economist
William Baldwin June 24, 2006 Journalist
Jim Barrett April 1, 2000[9] Economist
Bruce Bartlett[10] May 15, 2017 Historian of Economics
Yoram Bauman[11] April 1998 Economist
Gary Becker June 17, 2006 Economist
Antonio Bento[12] March 5, 2013 Economist
Don Berwick March 20, 2014[7] Administrator
Jack Black[13] August 24, 2016 Actor
Alan Blinder[14] January 31, 2011 Economist
Michael Bloomberg November 2, 2007 Politician
Erik Brynjolfsson[15] February 8, 1991 Economist
Jay Buckey January 16, 2008 Pundit
Willem Buiter[16] June 12, 2008 Economist
Steve Chapman July 4, 2013[17] Pundit
Judith Chevalier[18] December 2007 Economist
Noam Chomsky[19] May 21, 2013[20] Philosopher
Steven Chu[21] Dec 16, 2008 Scientist
John H. Cochrane August 7, 2013[22] Economist
Richard N. Cooper October 2008[23] Economist
Bob Corker[24] unknown Politician
Tyler Cowen September 8, 2009 Economist
Kevin Cramer[25] unknown Political Advisor
Clive Crook June 24, 2006 Pundit
Herman Daly[26] August 14, 2007 Economist
Laura D'Andrea Tyson[27] unknown Economist
Leonardo DiCaprio August 21, 2014[28] Actor
Christopher Dodd April 25, 2007 Politician
Ed Dolan July 28, 2010[29] Economist
Gregg Easterbrook June 17, 2006 Pundit
Christopher Farrell June 24, 2006 Composer
Peter Shaffer March 18, 2002 Economist
Robert H. Frank June 17, 2006 Economist
Bill Frenzel February 16, 2007 Politician
Thomas Friedman June 17, 2006 Pundit
David Frum November 9, 2006 Pundit
Jason Furman February 2, 2007 Economist
William Gale[30] unknown Economist
Richard H Gammon[31] October 2016 Scientist
Bill Gates[32] September 2, 2010 Business Magnate
Ted Gayer June 27, 2006 Economist
Edward Glaeser[33] May 21, 2007 Economist
Al Gore June 24, 2006 Politician
Lindsey Graham March 1, 2010[34] Politician
Corbett Grainger[35] February 26, 2016 Economist
Alan Greenspan October 2, 2006 Economist
Michael Greenstone[36] October 12, 2010 Economist
Steven C. Hackett August 22, 2008 Economist
Ted Halstead[37] July 26, 2016 Author / Nonprofit CEO
James Hansen[38] unknown Scientist
Tim Harford December 8, 2006 Economist
Kevin Hassett January 29, 2007 Economist
Katharine Hayhoe[39] June 5, 2015 Scientist
Shi-Ling Hsu[40] unknown Economist/Law Professor
Bob Inglis December 27, 2008[41] Politician
Henry Jacoby June 28, 2013[42] Economist
Gary Johnson[43] August 1, 2016 Politician
Michael B. Jordan[44] November 28, 2017 Actor
Dale Jorgenson[45] June 12, 2012 Economist
Juliette Kayyem March 20, 2014[7] Law Professor, Homeland Security Expert
Charles Komanoff March 6, 1989[46] Economist
Joe Klein June 17, 2006 Pundit
Mort Kondracke June 23, 2007 Pundit
Charles Krauthammer January 26, 2007 Pundit
Paul Krugman June 24, 2006 Economist
Anthony Lake October 30, 2006 Politician
Arthur Laffer December 27, 2008[41] Economist
John Larson August 9, 2007 Politician
Judith Layzer July 3, 2012[47] Political Scientist
David Leonhardt February 21, 2007 Pundit
Arik Levinson[48] unknown Economist
Steven Levitt June 18, 2006 Economist
Brink Lindsey December 5, 2006 Attorney
Bob Litterman[49] unknown Economist
Ray Magliozzi January 15, 2007 Pundit
N. Gregory Mankiw June 17, 2006 Economist
Donald B. Marron Jr.[50] November 2014 Economist
Megan McArdle June 24, 2006 Journalist
[51] 2007 Politician
Daniel McFadden January 22, 2007 Economist
Gilbert Metcalf June 30, 2015[52] Economist
Warren Meyer March 25, 2016[53] Engineer
Mike Moffatt September 16, 2006 Economist
William Moomaw July 3, 2012[54] Scientist
Adele C. Morris[55] unknown Economist
Alan Mulally August 9, 2007 Ford C.E.O.
Chris Murphy[56] unknown Politician
Elon Musk[57] February 3, 2015 Business Magnate
Ralph Nader[58] December 3, 2008 Politician
Gavin Newsom December 9, 2007 Politician
William Nordhaus June 17, 2006 Economist
Grover Norquist[59] February 16, 2006 Founder, Americans for Tax Reform
Steven Novella June 17, 2016[60] Physician, Skeptic
Bill Nye October 21, 2014[61] Scientist
Leon Panetta[62] October 18, 2006 Politician
Peter Passell[63] April 1, 1992 Economist
Robert Pindyk[64] 2013 Economist
Phil Plait[65] July 21, 2016 Scientist
Brad Plumer[66] unknown Pundit
Eduardo Porter[67] Sept 11, 2012[68] Journalist
Paul Portney May 18, 2007[69] Economist
Richard Posner November 4, 2006 Economist/Jurist
Jonathan Rauch June 17, 2006 Journalist
Robert Reich[70] unknown Economist
Richard Revesz September 15, 2015[71] Law Professor
Kenneth Rogoff September 16, 2006 Economist
Nouriel Roubini November 9, 2006 Economist
Steven Running Feb 27, 2006[26] Scientist
Jeffrey Sachs April 9, 2008 Economist
Robert J. Samuelson January 17, 2007 Journalist
Andrew Samwick June 24, 2006 Economist
Bernie Sanders Feb 16, 2013[72] Politician
Isabel Sawhill February 16, 2007 Economist
Brian Schatz[73] November 19, 2014 Politician
George Shultz October 30, 2006 Economist
Robert J. Shapiro February 20, 2007 Economist
Eliot Spitzer[74] July 5, 2012 Politician
Pete Stark[75] 2007 Politician
Irwin Stelzer[76] unknown Economist
Charles Stenholm February 16, 2007 Politician
Joseph Stiglitz[77] unknown Economist
Andrew Sullivan June 24, 2006 Pundit
Lawrence Summers October 31, 2006 Economist
Alex Tabarrok[78] June 16, 2010 Economist
Jerry Taylor March 23, 2015[79] Economist
Richard Thaler April 1, 2012[80] Economist
John Tierney June 17, 2006 Pundit
Rex Tillerson[81] February 9, 2009 Exxon-Mobil CEO
Ben van Beurden[82] October 5, 2015 Royal Dutch Shell CEO
Hal Varian October 1, 2006 Economist
Paul Volcker February 14, 2007 Economist
Gernot Wagner[83] September 7, 2011 Economist
Margaret A. Walls[84] unknown Economist
Charles Wheelan[85] unknown Economist
Sheldon Whitehouse[73] November 19, 2014 Politician
Neil Young November 24, 2015[86] Musician

Supports

The Economist has expressed support for Pigouvian policies[87] as has The Washington Post Editorial Board,[88][89][90][91] NPR's "Planet Money"[8][92] and The New York Times .[93][94]

References

  1. Mankiw, Greg (June 24, 2006). "Al Gore in the Pigou Club". http://gregmankiw.blogspot.com/2006/06/al-gore-in-pigou-club.html. 
  2. "Interview with Daron Acemoglu". https://www.minneapolisfed.org/publications/the-region/interview-with-daron-acemoglu. 
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  22. "Litterman on carbon finance". 7 August 2013. http://johnhcochrane.blogspot.com/2013/08/litterman-on-carbon-finance.html. 
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  29. Dolan, Ed (28 July 2010). "Postmortem on Waxman-Markey: The Politics of Cap & Trade". http://dolanecon.blogspot.com/2010/07/postmortem-on-waxman-markey-politics-of.html. 
  30. "The Tax Favored By Most Economists". 30 November 2001. http://www.brookings.edu/research/opinions/2013/03/12-taxing-carbon-gale. 
  31. "First Statewide Carbon Tax Is What Our Climate Moment Demands". YES! Magazine. 29 October 2016. http://www.yesmagazine.org/nation2019s-first-carbon-tax-is-what-our-climate-moment-demands-20161029. 
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  33. Glaeser, Edward L.. "A Road Map for Environmentalism". Boston.com. https://www.boston.com/news/globe/editorial_opinion/oped/articles/2007/05/21/a_road_map_for_environmentalism/. 
  34. Greg Mankiw (2010-03-01). "A New Member of the Pigou Club". http://gregmankiw.blogspot.com/2010/03/new-member-of-pigou-club.html. 
  35. "UW-Madison Q&A session addresses climate change". http://www.dailycardinal.com/article/2016/02/uw-madison-qa-session-addresses-climate-change. 
  36. Leonhardt, David (12 October 2010). "A climate proposal beyond cap and trade". The New York Times. https://www.nytimes.com/2010/10/13/business/economy/13leonhardt.html. 
  37. "Unlocking the Climate Puzzle". https://www.clcouncil.org/wp-content/uploads/2016/06/Unlocking-the-Climate-Puzzle-Final-3.5.pdf. 
  38. "Hansen to Obama: Support a Carbon Tax". http://www.worldwatch.org/node/5962. 
  39. "Climate, Politics and Religion – my opinion". http://katharinehayhoe.com/wp2016/2015/06/05/climate-politics-and-religion/. 
  40. Hsu, Shi-Ling (22 June 2012). The Case for a Carbon Tax. ISBN 978-1-61091-178-8. 
  41. 41.0 41.1 Inglis, Bob; Laffer, Arthur B. (December 28, 2008). "An Emissions Plan Conservatives Could Warm To". The New York Times. https://www.nytimes.com/2008/12/28/opinion/28inglis.html?partner=permalink&exprod=permalink. 
  42. "Economists have a one-page solution to climate change". https://www.npr.org/blogs/money/2013/06/28/196355493/economists-have-a-one-page-solution-to-climate-change. 
  43. Mankiw, Greg. "Gary Johnson joins the Pigou Club". http://gregmankiw.blogspot.com/2016/08/gary-johnson-joins-pigou-club.html. 
  44. "73 Questions with Michael B. Jordan". https://www.youtube.com/watch?v=BOQ-wZQhZZo. 
  45. "Senate Hearing 112-776". http://www.gpo.gov/fdsys/pkg/CHRG-112shrg81312/html/CHRG-112shrg81312.htm. 
  46. "Instead of a gas tax, how about a carbon tax?". http://www.komanoff.net/fossil/How_about_a_carbon_tax_WaPo.pdf. 
  47. "Can we stop global warming?". Boston Review. https://bostonreview.net/forum/can-we-stop-global-warming/changing-course-will-require-major-policy-change-and-united-states. 
  48. "How Efficient Is Energy Efficiency?". http://freakonomics.com/2015/02/05/how-efficient-is-energy-efficiency-a-new-freakonomics-radio-podcast/. 
  49. "What Is the Right Price for Carbon Emissions?". http://object.cato.org/sites/cato.org/files/serials/files/regulation/2013/6/regulation-v36n2-1-1.pdf. 
  50. "Bigger, Cleaner, and More Efficient: A Carbon-Corporate Tax Swap". http://www.cato.org/publications/cato-online-forum/bigger-cleaner-more-efficient-carbon-corporate-tax-swap. 
  51. "Save our Climate Act of 2007". http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?bname=110_cong_bills&docid=f:h2069ih.txt.pdf. 
  52. Porter, Eduardo (30 June 2015). "U.S. leaves the markets out in fight against carbon emissions". The New York Times. https://www.nytimes.com/2015/07/01/business/energy-environment/us-leaves-the-markets-out-in-the-fight-against-carbon-emissions.html?mabReward=CTM&action=click&pgtype=Homepage&region=CColumn&module=Recommendation&src=rechp&WT.nav=RecEngine&_r=0. 
  53. "As tax day approaches, one climate skeptic explains how a carbon tax could really benefit the economy.". http://www.dailyclimate.org/tdc-newsroom/2016/march/opinion-climate-skeptic-carbon-tax. 
  54. "Can We Stop Global Warming?". Boston Review. https://bostonreview.net/forum/can-we-stop-global-warming/changing-course-will-require-major-policy-change-and-united-states. 
  55. Morris, Adele C. (23 May 2014). "Will the EPA Push for a Carbon Tax?". Wall Street Journal. https://blogs.wsj.com/washwire/2014/05/23/will-the-epa-push-for-a-carbon-tax/. 
  56. Mitchell, Josh (8 January 2015). "In Low Gasoline Prices, an Opening Emerges for Higher Taxes". Wall Street Journal. https://www.wsj.com/articles/in-low-gasoline-prices-an-opening-emerges-for-higher-taxes-1420747684. 
  57. "Elon Musk on Why We Need a Carbon Tax". 2 February 2015. http://www.gizmodo.com.au/2015/02/elon-musk-on-why-we-need-a-carbon-tax/. 
  58. Nader, Ralph (December 3, 2008). "We Need a Global Carbon Tax". The Wall Street Journal. https://www.wsj.com/articles/SB122826696217574539. 
  59. "A way to cut fuel consumption that everyone likes, except the politicians". 
  60. "Economics, Renewables, and Climate Change". 17 June 2016. http://theness.com/neurologicablog/index.php/economics-renewables-and-climate-change/. 
  61. "Bill Nye Explains the Carbon Tax to Neil deGrasse Tyson and Chuck Nice". https://www.youtube.com/watch?v=CwrJtO8s-L0. 
  62. "Talk of raising gas tax is just that". The Washington Post. https://www.washingtonpost.com/wp-dyn/content/article/2006/10/17/AR2006101701327.html. 
  63. Passell, Peter (April 1992). "The great search: A perfect tax". The New York Times. https://www.nytimes.com/1992/04/01/business/economic-scene-the-great-search-a-perfect-tax.html. 
  64. "Pricing carbon when we don't know the right price". http://web.mit.edu/rpindyck/www/Papers/PricingCarbonRegulation2013.pdf. 
  65. Plait, Phil (21 July 2016). "These are the antiheroes we don't deserve". Slate. http://www.slate.com/blogs/bad_astronomy/2016/07/21/climate_inaction_figures_raise_awareness_of_climate_change_deniers.html. 
  66. "Nuclear power and renewables don't have to be enemies. New York just showed how.". Vox Media. 2 August 2016. https://www.vox.com/2016/8/2/12345572/new-york-nuclear-wind-solar. 
  67. Porter, Eduardo (29 January 2013). "In energy taxes, tools to help tackle climate change". The New York Times. https://www.nytimes.com/2013/01/30/business/energy-tax-is-underused-tool-in-climate-change-fight.html. 
  68. Porter, Eduardo (12 September 2012). "Taxes show one way to save fuel". The New York Times. https://www.nytimes.com/2012/09/12/business/fuel-efficiency-standards-have-costs-of-their-own.html?_r=1&ref=business&pagewanted=all. 
  69. "Carbon Taxes Versus Carbon Markets: What's the Best Way to Limit Emissions?". https://www.aei.org/publication/carbon-taxes-versus-carbon-markets-whats-the-best-way-to-limit-emissions/. 
  70. Robert Reich on the Importance of Putting a Price On Carbon.
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  72. "The best solution on climate change requires congress to act". 16 February 2013. https://www.theguardian.com/commentisfree/2013/feb/16/bernie-sanders-climate-change-legislation. 
  73. 73.0 73.1 "Sens. Whitehouse and Schatz introduce carbon fee legislation". http://www.whitehouse.senate.gov/news/release/sens-whitehouse-and-schatz-introduce-carbon-fee-legislation. 
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  78. "How much will BP pay?". 16 June 2010. http://roomfordebate.blogs.nytimes.com/2010/06/16/how-much-will-bp-really-pay/#michael. 
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  80. "Scientists and Economists". https://www.carbontax.org/scientists-economists/. 
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  82. Kent, Sarah (6 October 2015). "Royal Dutch Shell CEO to Call for Effective System for Pricing Carbon". Wall Street Journal. https://www.wsj.com/articles/royal-dutch-shell-ceo-to-call-for-effective-system-for-pricing-carbon-1444089660. 
  83. Wagner, Gernot (8 September 2011). "Going Green Getting Nowhere". The New York Times. https://www.nytimes.com/2011/09/08/opinion/going-green-but-getting-nowhere.html. 
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  85. "The Irrefutable Logic of a Carbon Tax". https://www.usnews.com/opinion/blogs/charles-wheelan/2014/02/18/global-warming-and-why-a-carbon-tax-is-a-no-brainer. 
  86. "Rocker Neil Young supports Alberta's carbon tax, pleased by Liberal government". http://www.vancouverobserver.com/news/rocker-neil-young-supports-albertas-carbon-tax-pleased-liberal-government. 
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  88. "Clean Energy Should Do Without Special Tax Breaks". Editorial Board. https://www.washingtonpost.com/opinions/clean-energy-should-make-do-without-special-tax-breaks/2014/01/06/70ce73d6-74c7-11e3-8b3f-b1666705ca3b_story.html. 
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  91. "Carbon tax is best option congress has". The Washington Post. https://www.washingtonpost.com/opinions/carbon-tax-is-best-option-congress-has/2013/05/07/883f2184-aeaa-11e2-98ef-d1072ed3cc27_story.html. 
  92. "Economists have a one page solution to solve global warming". https://www.npr.org/sections/money/2013/06/28/196355493/economists-have-a-one-page-solution-to-climate-change. 
  93. "The Case for a Carbon Tax". 6 June 2015. https://www.nytimes.com/2015/06/07/opinion/the-case-for-a-carbon-tax.html. 
  94. Gross, Daniel (8 October 2006). "Raise the Gasoline Tax? Funny, It Doesn't Sound Republican". The New York Times. https://www.nytimes.com/2006/10/08/business/yourmoney/08view.html?ei=5090&en=3a749625ac447e79&ex=1317960000&adxnnl=1&partner=rssuserland&emc=rss&adxnnlx=1160746887-1x+hGk+DvqVPOYWxke5k3. 

External links