Pigou Club

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The Pigou Club is described as "an elite group of economists and pundits who have publicly advocated higher Pigovian taxes, such as gasoline taxes or carbon taxes."[1] A Pigovian tax (also spelled Pigouvian tax) is a tax levied to correct the negative externalities (negative side-effects) of a market activity. Typically these pundits and economists also advocate lowering other taxes, such as the income tax or the corporate tax. These ideas are also known as an Ecotax or green tax shift.

The Pigou Club was founded by economist N. Gregory Mankiw.

Members Date of Induction
Anne Applebaum February 6, 2007
William Baldwin June 24, 2006
Gary Becker June 17, 2006
Michael Bloomberg November 2, 2007
Jay Buckey January 16, 2008
Clive Crook June 24, 2006
Christopher Dodd April 25, 2007
Gregg Easterbrook June 17, 2006
Christopher Farrell June 24, 2006
Robert H. Frank June 17, 2006
Bill Frenzel February 16, 2007
Thomas Friedman June 17, 2006
David Frum November 9, 2006
Jason Furman February 2, 2007
Ted Gayer June 27, 2006
Al Gore June 24, 2006
Alan Greenspan October 2, 2006
Paul Gu January 27, 2007
Tim Harford December 8, 2006
Kevin Hassett January 29, 2007
William Hoagland February 16, 2007
Joe Klein June 17, 2006
Mort Kondracke June 23, 2007
Charles Krauthammer January 26, 2007
Paul Krugman June 24, 2006
Anthony Lake October 30, 2006
John Larson August 9, 2007
David Leonhardt February 21, 2007
Steven Levitt June 18, 2006
Brink Lindsey December 5, 2006
Ray Magliozzi January 15, 2007
N. Gregory Mankiw June 17, 2006
Megan McArdle June 24, 2006
Daniel McFadden January 22, 2007
Mike Moffatt September 16, 2006
Alan Mulally August 9, 2007
Paul Mulshine January 27, 2007
Gavin Newsom December 9, 2007
William Nordhaus June 17, 2006
Richard Posner November 4, 2006
Jonathan Rauch June 17, 2006
Kenneth Rogoff September 16, 2006
Nouriel Roubini November 9, 2006
Robert J. Samuelson January 17, 2007
Andrew Samwick June 24, 2006
Isabel Sawhill February 16, 2007
George Schultz October 30, 2006
Robert J. Shapiro February 20, 2007
Rob Stavins December 10, 2006
Charles Stenholm February 16, 2007
Andrew Sullivan June 24, 2006
Lawrence Summers October 31, 2006
John Tierney June 17, 2006
Hal Varian October 1, 2006
Paul Volcker February 14, 2007

In addition, the periodical The Economist has repeatedly expressed support for Pigouvian policies (cf. January 2007 cover story, which states "This paper has repeatedly expressed support for a carbon tax.").

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. The backlash came soon after, as the National Post, a Canadian right-of-center newspaper, started the Nopigou Club.

[edit] References

  1. ^ Mankiw, Greg (June 24, 2006). Al Gore in the Pigou Club.

[edit] External links