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

1. Mankiw, Greg (June 24, 2006). "Al Gore in the Pigou Club".
2. "Interview with Daron Acemoglu".
3. "Carbon Pricing Supporters".
4. "A Conservative's Approach to Combating Climate Change".
5. "Subsidies in the Wrong Places Skew Renewable Energy's Power".
6. "The carbon tax explained".
7. "Economist Kenneth Arrow Advocates a Carbon Tax".
8. "Democratic gubernatorial candidates discuss gas tax, carbon tax, divestment and climate change at environmental forum".
9. "Six Policies Economists Love".
10. "Making Green Policies Pay Off".
11. "Treat climate change symptoms and don't worry about the cause".
12. 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.
13. "Economists call on Washington to enact carbon tax".
14. Jack Black #PutAPriceOnIt on YouTube
15. "The Carbon Tax Miracle Cure".
16. "A Gas Tax Could Nip the Next Crisis in the Bud".
17. "Willem Buiter weighs in, favors carbon tax".
18. "How to combat global warming and prosper".
19. "Should a carbon tax be border adjustable?".
20. "On Shutdown, Waning US Influence, Syrian Showdown".
21. ""I Had Weird Educational Experiences": Interview With Noam Chomsky".
22. Mankiw, Greg (2008-12-16). "Chu and Pigou". Retrieved 2010-03-02.
23. "Litterman on carbon finance".
24. "The Case for Charges on Greenhouse Gas Emissions".
25. "In Low Gasoline Prices, an Opening Emerges for Higher Taxes".
26. "Meet Donald Trump's New Energy Adviser". Scientific American. 13 May 2016.
27. "Scientists & Economists".
28. "The Myriad Benefits of a Carbon Tax".
29. "DiCaprio: 'We must put a price on carbon'".
30. Dolan, Ed. "Postmortem on Waxman-Markey: The Politics of Cap & Trade". Retrieved 7 April 2014.
31. "The Tax Favored By Most Economists".
32. "First Statewide Carbon Tax Is What Our Climate Moment Demands". YES! Magazine. 29 October 2016.
33. "Bill Gates on R&D, a carbon tax, and China's Climate Role".
34. "A Road Map for Environmentalism".
35. Greg Mankiw (2010-03-01). "A New Member of the Pigou Club". Retrieved 2010-03-03.
36. "UW-Madison Q&A session addresses climate change".
37. "A climate proposal beyond cap and trade".
38. "Unlocking the Climate Puzzle" (PDF).
39. "Hansen to Obama: Support a Carbon Tax".
40. "Climate, Politics and Religion – my opinion".
41. Hsu, Shi-Ling (22 June 2012). The Case for a Carbon Tax. ISBN 978-1-61091-178-8.
42. Inglis, Bob; Laffer, Arthur B. (December 28, 2008). "An Emissions Plan Conservatives Could Warm To". The New York Times. Retrieved May 22, 2010.
43. "Economists have a one-page solution to climate change". Retrieved 7 April 2014.
44. Mankiw, Greg. "Gary Johnson joins the Pigou Club".
45. "73 Questions with Michael B. Jordan".
46. "Senate Hearing 112-776".
47. "Instead of a gas tax, how about a carbon tax?" (PDF).
48. "Can we stop global warming?".
49. "How Efficient Is Energy Efficiency?".
50. "What Is the Right Price for Carbon Emissions?" (PDF).
51. "Bigger, Cleaner, and More Efficient: A Carbon-Corporate Tax Swap".
52. "Save our Climate Act of 2007" (PDF).
53. "U.S. leaves the markets out in fight against carbon emissions".
54. "As tax day approaches, one climate skeptic explains how a carbon tax could really benefit the economy".
55. "Can We Stop Global Warming?".
56. "Will the EPA Push for a Carbon Tax?".
57. "In Low Gasoline Prices, an Opening Emerges for Higher Taxes".
58. "Elon Musk on Why We Need a Carbon Tax".
59. Nader, Ralph (December 3, 2008). "We Need a Global Carbon Tax". The Wall Street Journal.
60. "A way to cut fuel consumption that everyone likes, except the politicians". Missing or empty |url= (help)
61. "Economics, Renewables, and Climate Change".
62. "Bill Nye Explains the Carbon Tax to Neil deGrasse Tyson and Chuck Nice".
63. "Talk of raising gas tax is just that".
64. "The great search: A perfect tax".
65. "Pricing carbon when we don't know the right price" (PDF).
66. "These are the antiheroes we don't deserve".
67. "Nuclear power and renewables don't have to be enemies. New York just showed how". Vox Media. 2 August 2016.
68. "In energy taxes, tools to help tackle climate change".
69. "Taxes show one way to save fuel".
70. "Carbon Taxes Versus Carbon Markets: What's the Best Way to Limit Emissions?".
71. Robert Reich on the Importance of Putting a Price On Carbon.
72. "Let's Cut All Energy Subsidies and Start Taxing Pollution".
73. "The best solution on climate change requires congress to act".
74. "Sens. Whitehouse and Schatz introduce carbon fee legislation".
75. 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.
76. "Save our Climate Act of 2007" (PDF).
77. "Erwin Stelzer on Conservatism and the New Capitalism".
78. "Nobel Laureate Joseph Stiglitz Calls for "Greening" of Globalization".
79. "How much will BP pay?".
80. "The Conservative Case for a Carbon Tax" (PDF). Archived from the original (PDF) on 2017-02-19. Retrieved 2015-05-20.
81. "Scientists and Economists".
82. "Exxon CEO advocates emissions tax".
83. "Royal Dutch Shell CEO to Call for Effective System for Pricing Carbon".
84. "Going Green Getting Nowhere".
85. "Why now is the right time for a carbon tax".
86. "The Irrefutable Logic of a Carbon Tax".
87. "Rocker Neil Young supports Alberta's carbon tax, pleased by Liberal government".
88. "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,
89. "Clean Energy Should Do Without Special Tax Breaks". Editorial Board.
90. "A Sweltering Planet's Agenda". Washington Post.
91. "The Carbon Tax".
92. "Carbon tax is best option congress has".
93. "Economists have a one page solution to solve global warming".
94. "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)