Pigou Club

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The Pigou Club is described by its creator, economist and blogger N. Gregory Mankiw, as "an elite group of economists and pundits with the good sense to have publicly advocated higher Pigovian taxes, such as gasoline taxes or carbon taxes."[1] These pundits and economists often advocate lowering other taxes to keep the total amount of taxes collected the same, though many have also proposed dedicating the revenue to other worthwhile projects. 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 Ecotax or green tax shift.

Members Date of Induction Description
Anne Applebaum February 6, 2007 Pundit
Katherine Baiker[2] unknown Economist
Dean Baker[2] unknown Economist
William Baldwin June 24, 2006 Journalist
Yorum Bauman[3] April 1998 Economist
Gary Becker June 17, 2006 Economist
Antonio Bento[4] unknown Economist
Michael Bloomberg November 2, 2007 Politician
Jay Buckey January 16, 2008 Pundit
Steve Chapman July 4, 2013[5] Pundit
Steven Chu Not known[6] Scientist
John H. Cochrane August 7, 2013[7] Economist
Tyler Cowen September 8, 2009 Economist
Clive Crook June 24, 2006 Pundit
Laura D'Andrea Tyson[8] unknown Economist
Christopher Dodd April 25, 2007 Politician
Ed Dolan July 28, 2010[9] Economist
Gregg Easterbrook June 17, 2006 Pundit
Christopher Farrell June 24, 2006 Composer
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[10] unknown Economist
Ted Gayer June 27, 2006 Economist
Al Gore June 24, 2006 Politician
Lindsey Graham March 1, 2010[11] Politician
Alan Greenspan October 2, 2006 Economist
Paul Gu January 27, 2007 Pundit
Steven C. Hackett August 22, 2008 Economist
James Hansen[12] unknown Climatologist
Tim Harford December 8, 2006 Economist
Kevin Hassett January 29, 2007 Economist
William Hoagland February 16, 2007 Engineer
Shi-Ling Hsu[13] unknown Economist/Law Professor
Bob Inglis December 27, 2008[14] Politician
Henry Jacoby June 28, 2013[15] 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[14] Economist
John Larson August 9, 2007 Politician
David Leonhardt February 21, 2007 Pundit
Arik Levinson[16] unknown Economist
Steven Levitt June 18, 2006 Economist
Brink Lindsey December 5, 2006 Attorney
Bob Litterman[17] unknown Economist
Ray Magliozzi January 15, 2007 Pundit
N. Gregory Mankiw June 17, 2006 Founder
Megan McArdle June 24, 2006 Journalist
Daniel McFadden January 22, 2007 Economist
Gilbert Metcalf December 1999[18] Economist
Mike Moffatt September 16, 2006 Economist
Alan Mulally August 9, 2007 Ford C.E.O.
Paul Mulshine January 27, 2007 Journalist
Ralph Nader[19] December 3, 2008 Politician
Gavin Newsom December 9, 2007 Politician
William Nordhaus June 17, 2006 Economist
Richard Posner November 4, 2006 Jurist
Jonathan Rauch June 17, 2006 Journalist
Robert Reich[20] unknown Economist
Russ Roberts[2] unknown Economist
Kenneth Rogoff September 16, 2006 Economist
Nouriel Roubini November 9, 2006 Economist
Jeffrey Sachs April 9, 2008 Economist
Robert J. Samuelson January 17, 2007 Journalist
Andrew Samwick June 24, 2006 Economist
Isabel Sawhill February 16, 2007 Economist
George Schultz October 30, 2006 Economist
Robert J. Shapiro February 20, 2007 Economist
Eliot Spitzer[21] July 5, 2012 Politician
Rob Stavins December 10, 2006 Economist
Irwin Stelzer[22] unknown Economist
Charles Stenholm February 16, 2007 Politician
Joseph Stiglitz[23] unknown Economist
Andrew Sullivan June 24, 2006 Pundit
Lawrence Summers October 31, 2006 Economist
Jerry Taylor March 23, 2015[24] Economist
John Tierney June 17, 2006 Pundit
Hal Varian October 1, 2006 Economist
Paul Volcker February 14, 2007 Economist
Charles Wheelan[25] unknown Economist
Luigi Zingales[2] unknown Economist

The newsmagazine The Economist has repeatedly expressed support for Pigouvian policies.[26] as has the Washington Post Editorial Board.[27] [28]

The group received a great deal of publicity when The New York Times published "Raise the Gasoline Tax? Funny, It Doesn’t Sound Republican" on October 8, 2006.

References[edit]

  1. ^ Mankiw, Greg (June 24, 2006). "Al Gore in the Pigou Club". 
  2. ^ a b c d "Six Policies Economists Love". 
  3. ^ "Tax Shift: How to Help the Economy, Improve the Environment, and Get the Tax Man off Our Backs" (PDF). 
  4. ^ "Economists call on Washington to enact carbon tax". 
  5. ^ "How to combat global warming and prosper". 
  6. ^ Mankiw, Greg (2008-12-16). "Chu and Pigou". Retrieved 2010-03-02. 
  7. ^ "Litterman on carbon finance". 
  8. ^ "The Myriad Benefits of a Carbon Tax". 
  9. ^ Dolan, Ed. "Postmortem on Waxman-Markey: The Politics of Cap & Trade". Retrieved 7 April 2014. 
  10. ^ "The Tax Favored By Most Economists". 
  11. ^ Greg Mankiw (2010-03-01). "A New Member of the Pigou Club". Retrieved 2010-03-03. 
  12. ^ "Hansen to Obama: Support a Carbon Tax". 
  13. ^ The Case for a Carbon Tax. ISBN 978-1-61091-178-8. 
  14. ^ a b Inglis, Bob; Laffer, Arthur B. (December 28, 2008). "An Emissions Plan Conservatives Could Warm To". The New York Times. Retrieved May 22, 2010. 
  15. ^ "Economists have a one-page solution to climate change". Retrieved 7 April 2014. 
  16. ^ "How Efficient Is Energy Efficiency?". 
  17. ^ "What Is the Right Price for Carbon Emissions?" (PDF). 
  18. ^ "A Distributional Analysis of Green Tax Reforms". 
  19. ^ Nader, Ralph (December 3, 2008). "We Need a Global Carbon Tax". The Wall Street Journal. 
  20. ^ Robert Reich on the Importance of Putting a Price On Carbon. 
  21. ^ Eliot, Spitzer (July 5, 2012). "Eliot Spitzer endorses a tax on carbon emissions as a way to ‘heat up the climate debate’". Viewpoint with Eliot Spitzer. 
  22. ^ "Erwin Stelzer on Conservatism and the New Capitalism". 
  23. ^ "Nobel Laureate Joseph Stiglitz Calls for "Greening" of Globalization". 
  24. ^ "The Conservative Case for a Carbon Tax" (PDF). 
  25. ^ "The Irrefutable Logic of a Carbon Tax". 
  26. ^ "Climate Change: The Greening of America". The Economist (London: The Economist Newspaper Limited 2009). 2007-01-25. Retrieved 2009-09-26. ...the only two clean and efficient solutions to climate change. One is a carbon tax, which this paper has long advocated, 
  27. ^ "Clean Energy Should Do Without Special Tax Breaks". Editorial Board. 
  28. ^ "A Sweltering Planet's Agenda". Washington Post. 

External links[edit]