A w

1. n: what ’s it all
Pigouvian Taxa,o
about, eh?!@
Miss Piggy
A rthur

2. • Tax on behaviour with nega,ve social impacts
• Internalises nega,ve externali,es
• Taxes damaging ac,vity; taxing WORK
discourages that ac,vity

4. • Lu
igi Zi
reve ngales:
nues “Reg
(Pigo it ge ardle
welfa uvian) ta nerates, ss of th
re.” x imp this e
rove type
s soc of
ial
Same result?

5. References
• Luigi Zingales:
hQp://www.economist.com/economics/by‐
invita,on/guest‐contribu,ons/
its_not_about_revenues; June 7th, 2010
• Brian Easton:
hQp://www.eastonbh.ac.nz/?p=804
16 October, 2006.