economics is a dirty job but someone's got to do it
Sunday, February 15, 2009
Negative externalities, pollution and Pigovian taxes
I found a 2007 article by Greg Mankiw on Pigovian taxes which may prove useful in evaluating solutions to negative production externalities. May (and November) exams (HL and SL P1) often include questions on such issues. You will find it here.