Others might be catching on the to true meaning of a Pigouvian tax
January 9, 2013 Leave a comment
I think I already explained the concept of ‘negative externality’ and ‘Pigouvian tax’ to the RWCG readership.
externality (n.): The psychological discomfort caused to ‘progressives’ by others engaging in behavior that ‘progressives’ disapprove of.
Pigouvian tax (n.): A tax on behavior that ‘progressives’ disapprove of (see externality).