Summer School 2: How taxes change behavior and the economy
Planet Money
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Economics of Pollution and Accountability
This chapter examines the life and progressive ideas of an early 1900s economist focused on social issues and environmental pollution, particularly in London. It discusses the concept of negative externalities, the distinction between private and social costs, and the implications of Pigouvian taxes for responsible economic behavior. The chapter also highlights the challenges of communicating complex economic concepts to modern audiences.
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