Congratulations! We Did It Again
Posted in Economic Illiteracy, Economics Problems, Economists, Environment, Taxation, You Can't Have it Both Ways on Jul 20th, 2012
When economists calculate "optimal" taxation rates to correct various negative "externalities" they typically start from the assumption that the good in question is not taxed. So, for example, when we think about how much we need to tax activities that emit carbon dioxide, we start by asking the question of how much damage is done […]
