Pigou Club
The Pigou Club is described by its creator, economist Greg 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]
Description
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 ecotaxes or green tax shifts.
Members
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 3rd, 2016[5] | Policy Professor |
Daniel Altman[6] | June 13, 2012 | Economist |
Anne Applebaum | February 6, 2007 | Pundit |
Kenneth Arrow | March 28, 2014[7] | Economist |
Joseph Avellone | March 20, 2014[8] | Politician |
Katherine Baiker[9] | July 19, 2012 | Economist |
Dean Baker[9] | July 19, 2012 | Economist |
William Baldwin | June 24, 2006 | Journalist |
Jim Barrett | April 1, 2000[10] | Economist |
Bruce Bartlett[11] | May 15, 2017 | Historian of Economics |
Yoram Bauman[12] | April 1998 | Economist |
Gary Becker | June 17, 2006 | Economist |
Antonio Bento[13] | March 5, 2013 | Economist |
Don Berwick | March 20, 2014[8] | Administrator |
Jack Black[14] | August 24, 2016 | Actor |
Alan Blinder[15] | January 31, 2011 | Economist |
Michael Bloomberg | November 2, 2007 | Politician |
Erik Brynjolfsson[16] | February 8, 1991 | Economist |
Jay Buckey | January 16, 2008 | Pundit |
Willem Buiter[17] | June 12, 2008 | Economist |
Steve Chapman | July 4, 2013[18] | Pundit |
Judith Chevalier[19] | December 2007 | Economist |
Noam Chomsky[20] | May 21, 2013[21] | Philosopher |
Steven Chu[22] | Dec 16, 2008 | Scientist |
John H. Cochrane | August 7, 2013[23] | Economist |
Richard N. Cooper | October 2008[24] | Economist |
Bob Corker[25] | unknown | Politician |
Tyler Cowen | September 8, 2009 | Economist |
Kevin Cramer[26] | unknown | Political Advisor |
Clive Crook | June 24, 2006 | Pundit |
Herman Daly[27] | August 14, 2007 | Economist |
Laura D'Andrea Tyson[28] | unknown | Economist |
Leonardo DiCaprio | August 21, 2014[29] | Actor |
Christopher Dodd | April 25, 2007 | Politician |
Ed Dolan | July 28, 2010[30] | 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[31] | unknown | Economist |
Richard H Gammon[32] | October 2016 | Scientist |
Bill Gates[33] | September 2, 2010 | Business Magnate |
Ted Gayer | June 27, 2006 | Economist |
Edward Glaeser[34] | May 21, 2007 | Economist |
Al Gore | June 24, 2006 | Politician |
Lindsey Graham | March 1, 2010[35] | Politician |
Corbett Grainger[36] | February 26, 2016 | Economist |
Alan Greenspan | October 2, 2006 | Economist |
Michael Greenstone[37] | October 12, 2010 | Economist |
Paul Gu | January 27, 2007 | Pundit |
Steven C. Hackett | August 22, 2008 | Economist |
Ted Halstead[38] | July 26, 2016 | Author / Nonprofit CEO |
James Hansen[39] | unknown | Scientist |
Tim Harford | December 8, 2006 | Economist |
Kevin Hassett | January 29, 2007 | Economist |
Katharine Hayhoe[40] | June 5th, 2015 | Scientist |
Shi-Ling Hsu[41] | unknown | Economist/Law Professor |
Bob Inglis | December 27, 2008[42] | Politician |
Henry Jacoby | June 28, 2013[43] | Economist |
Gary Johnson[44] | August 1, 2016 | Politician |
Michael B. Jordan[45] | November 28th, 2017 | Actor |
Dale Jorgenson[46] | June 12, 2012 | Economist |
Juliette Kayyem | March 20, 2014[8] | Law Professor, Homeland Security Expert |
Charles Komanoff | March 6, 1989[47] | 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[42] | Economist |
John Larson | August 9, 2007 | Politician |
Judith Layzer | July 3, 2012[48] | Political Scientist |
David Leonhardt | February 21, 2007 | Pundit |
Arik Levinson[49] | unknown | Economist |
Steven Levitt | June 18, 2006 | Economist |
Brink Lindsey | December 5, 2006 | Attorney |
Bob Litterman[50] | unknown | Economist |
Ray Magliozzi | January 15, 2007 | Pundit |
N. Gregory Mankiw | June 17, 2006 | Economist |
Donald B. Marron Jr.[51] | November 2014 | Economist |
Megan McArdle | June 24, 2006 | Journalist |
Jim McDermott|[52] | 2007 | Politician |
Daniel McFadden | January 22, 2007 | Economist |
Gilbert Metcalf | June 30, 2015[53] | Economist |
Warren Meyer | March 25, 2016[54] | Engineer |
Mike Moffatt | September 16, 2006 | Economist |
William Moomaw | July 3, 2012[55] | Scientist |
Adele C. Morris[56] | unknown | Economist |
Alan Mulally | August 9, 2007 | Ford C.E.O. |
Paul Mulshine | January 27, 2007 | Journalist |
Chris Murphy[57] | unknown | Politician |
Elon Musk[58] | February 3, 2015 | Business Magnate |
Ralph Nader[59] | December 3, 2008 | Politician |
Gavin Newsom | December 9, 2007 | Politician |
William Nordhaus | June 17, 2006 | Economist |
Grover Norquist[60] | February 16, 2006 | Founder, Americans for Tax Reform |
Steven Novella | June 17, 2016[61] | Physician, Skeptic |
Bill Nye | October 21, 2014[62] | Scientist |
Leon Panetta[63] | October 18, 2006 | Politician |
Peter Passell[64] | April 1, 1992 | Economist |
Robert Pindyk[65] | 2013 | Economist |
Phil Plait[66] | July 21, 2016 | Scientist |
Brad Plumer[67] | unknown | Pundit |
Eduardo Porter[68] | Sept 11, 2012[69] | Journalist |
Paul Portney | May 18, 2007[70] | Economist |
Richard Posner | November 4, 2006 | Economist/Jurist |
Jonathan Rauch | June 17, 2006 | Journalist |
Robert Reich[71] | unknown | Economist |
Richard Revesz | September 15, 2015[72] | Law Professor |
Kenneth Rogoff | September 16, 2006 | Economist |
Nouriel Roubini | November 9, 2006 | Economist |
Steven Running | Feb 27, 2006[27] | 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[73] | Politician |
Isabel Sawhill | February 16, 2007 | Economist |
Brian Schatz[74] | November 19, 2014 | Politician |
George Shultz | October 30, 2006 | Economist |
Robert J. Shapiro | February 20, 2007 | Economist |
Eliot Spitzer[75] | July 5, 2012 | Politician |
Pete Stark[76] | 2007 | Politician |
Rob Stavins | December 10, 2006 | Economist |
Irwin Stelzer[77] | unknown | Economist |
Charles Stenholm | February 16, 2007 | Politician |
Joseph Stiglitz[78] | unknown | Economist |
Andrew Sullivan | June 24, 2006 | Pundit |
Lawrence Summers | October 31, 2006 | Economist |
Alex Tabarrok[79] | June 16, 2010 | Economist |
Jerry Taylor | March 23, 2015[80] | Economist |
Richard Thaler | April 1, 2012[81] | Economist |
John Tierney | June 17, 2006 | Pundit |
Rex Tillerson[82] | February 9, 2009 | Exxon-Mobil CEO |
Ben van Beurden[83] | October 5, 2015 | Royal Dutch Shell CEO |
Hal Varian | October 1, 2006 | Economist |
Paul Volcker | February 14, 2007 | Economist |
Gernot Wagner[84] | September 7, 2011 | Economist |
Margaret A. Walls[85] | unknown | Economist |
Charles Wheelan[86] | unknown | Economist |
Sheldon Whitehouse[74] | November 19, 2014 | Politician |
Neil Young | November 24, 2015[87] | Musician |
Supports
The newsmagazine The Economist has repeatedly expressed support for Pigouvian policies[88] as has The Washington Post Editorial Board,[89][90][91][92] NPR's "Planet Money"[9][93] and The New York Times.[94]
The group received a great deal of publicity when The New York Times published "Raise the Gasoline Tax? Funny, It Doesn’t Sound Republican" in 2006.
References
- ^ Mankiw, Greg (June 24, 2006). "Al Gore in the Pigou Club".
- ^ "Interview with Daron Acemoglu".
- ^ "Carbon Pricing Supporters".
- ^ "A Conservative's Approach to Combating Climate Change".
- ^ "Subsidies in the Wrong Places Skew Renewable Energy's Power".
- ^ "The carbon tax explained".
- ^ "Economist Kenneth Arrow Advocates a Carbon Tax".
- ^ a b c "Democratic gubernatorial candidates discuss gas tax, carbon tax, divestment and climate change at environmental forum".
- ^ a b c "Six Policies Economists Love".
- ^ "Making Green Policies Pay Off".
- ^ "Treat climate change symptoms and don't worry about the cause".
- ^ Durning, Alan Thein; Bauman, Yoram; Gussett, Rachel (1998). Tax Shift: How to Help the Economy, Improve the Environment, and Get the Tax Man off Our Backs. ISBN 9781886093072.
- ^ "Economists call on Washington to enact carbon tax".
- ^ Jack Black #PutAPriceOnIt on YouTube
- ^ "The Carbon Tax Miracle Cure".
- ^ "A Gas Tax Could Nip the Next Crisis in the Bud".
- ^ "Willem Buiter weighs in, favors carbon tax".
- ^ "How to combat global warming and prosper".
- ^ "Should a carbon tax be border adjustable?".
- ^ "On Shutdown, Waning US Influence, Syrian Showdown".
- ^ ""I Had Weird Educational Experiences": Interview With Noam Chomsky".
- ^ Mankiw, Greg (2008-12-16). "Chu and Pigou". Retrieved 2010-03-02.
- ^ "Litterman on carbon finance".
- ^ "The Case for Charges on Greenhouse Gas Emissions".
- ^ "In Low Gasoline Prices, an Opening Emerges for Higher Taxes".
- ^ "Meet Donald Trump's New Energy Adviser". Scientific American. 13 May 2016.
- ^ a b "Scientists & Economists".
- ^ "The Myriad Benefits of a Carbon Tax".
- ^ "DiCaprio: 'We must put a price on carbon'".
- ^ Dolan, Ed. "Postmortem on Waxman-Markey: The Politics of Cap & Trade". Retrieved 7 April 2014.
- ^ "The Tax Favored By Most Economists".
- ^ "First Statewide Carbon Tax Is What Our Climate Moment Demands". YES! Magazine. 29 October 2016.
- ^ "Bill Gates on R&D, a carbon tax, and China's Climate Role".
- ^ "A Road Map for Environmentalism".
- ^ Greg Mankiw (2010-03-01). "A New Member of the Pigou Club". Retrieved 2010-03-03.
- ^ "UW-Madison Q&A session addresses climate change".
- ^ "A climate proposal beyond cap and trade".
- ^ "Unlocking the Climate Puzzle" (PDF).
- ^ "Hansen to Obama: Support a Carbon Tax".
- ^ "Climate, Politics and Religion – my opinion".
- ^ Hsu, Shi-Ling (22 June 2012). The Case for a Carbon Tax. ISBN 978-1-61091-178-8.
- ^ 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.
- ^ "Economists have a one-page solution to climate change". Retrieved 7 April 2014.
- ^ Mankiw, Greg. "Gary Johnson joins the Pigou Club".
- ^ "73 Questions with Michael B. Jordan".
- ^ "Senate Hearing 112-776".
- ^ "Instead of a gas tax, how about a carbon tax?" (PDF).
- ^ "Can we stop global warming?".
- ^ "How Efficient Is Energy Efficiency?".
- ^ "What Is the Right Price for Carbon Emissions?" (PDF).
- ^ "Bigger, Cleaner, and More Efficient: A Carbon-Corporate Tax Swap".
- ^ "Save our Climate Act of 2007" (PDF).
- ^ "U.S. leaves the markets out in fight against carbon emissions".
- ^ "As tax day approaches, one climate skeptic explains how a carbon tax could really benefit the economy".
- ^ "Can We Stop Global Warming?".
- ^ "Will the EPA Push for a Carbon Tax?".
- ^ "In Low Gasoline Prices, an Opening Emerges for Higher Taxes".
- ^ "Elon Musk on Why We Need a Carbon Tax".
- ^ Nader, Ralph (December 3, 2008). "We Need a Global Carbon Tax". The Wall Street Journal.
- ^ "A way to cut fuel consumption that everyone likes, except the politicians".
{{cite web}}
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(help) - ^ "Economics, Renewables, and Climate Change".
- ^ "Bill Nye Explains the Carbon Tax to Neil deGrasse Tyson and Chuck Nice".
- ^ "Talk of raising gas tax is just that".
- ^ "The great search: A perfect tax".
- ^ "Pricing carbon when we don't know the right price" (PDF).
- ^ "These are the antiheroes we don't deserve".
- ^ "Nuclear power and renewables don't have to be enemies. New York just showed how". Vox Media. 2 August 2016.
- ^ "In energy taxes, tools to help tackle climate change".
- ^ "Taxes show one way to save fuel".
- ^ "Carbon Taxes Versus Carbon Markets: What's the Best Way to Limit Emissions?".
- ^ Robert Reich on the Importance of Putting a Price On Carbon.
- ^ "Let's Cut All Energy Subsidies and Start Taxing Pollution".
- ^ "The best solution on climate change requires congress to act".
- ^ a b "Sens. Whitehouse and Schatz introduce carbon fee legislation".
- ^ 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.
- ^ "Save our Climate Act of 2007" (PDF).
- ^ "Erwin Stelzer on Conservatism and the New Capitalism".
- ^ "Nobel Laureate Joseph Stiglitz Calls for "Greening" of Globalization".
- ^ "How much will BP pay?".
- ^ "The Conservative Case for a Carbon Tax" (PDF). Archived from the original (PDF) on 2017-02-19. Retrieved 2015-05-20.
- ^ "Scientists and Economists".
- ^ "Exxon CEO advocates emissions tax".
- ^ "Royal Dutch Shell CEO to Call for Effective System for Pricing Carbon".
- ^ "Going Green Getting Nowhere".
- ^ "Why now is the right time for a carbon tax".
- ^ "The Irrefutable Logic of a Carbon Tax".
- ^ "Rocker Neil Young supports Alberta's carbon tax, pleased by Liberal government".
- ^ "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,
- ^ "Clean Energy Should Do Without Special Tax Breaks". Editorial Board.
- ^ "A Sweltering Planet's Agenda". Washington Post.
- ^ "The Carbon Tax".
- ^ "Carbon tax is best option congress has".
- ^ "Economists have a one page solution to solve global warming".
- ^ "The Case for a Carbon Tax".
External links
- The Pigou Club Manifesto (Greg Mankiw's Blog)
- Smart Taxes: An Open Invitation to Join the Pigou Club
- Rogoff joins the Pigou Club (Greg Mankiw's Blog)
- Raise the Gasoline Tax? Funny, It Doesn’t Sound Republican (New York Times)
- Talk of Raising Gas Tax Is Just That (Washington Post)
- The Nopigou Club (National Post)
- How Many Taxes Will it Take? (National Post)