Wednesday, July 28, 2010

More Than Ever, Eschew Pigou

Unfortunately, even though the science behind AGW has taken a blow to its credibility and popular support for a large-scale policy response is waning, Greg Mankiw is still aggressively promoting membership in the Pigou Club. I still stay eschew Pigou, no need for a carbon tax so long as the AGW theory remains speculative.

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