Luke Allingham In theory, yes. The problem with Pigouvian taxes is...

August 28, 2025 at 9:35 PM  ·  Comment — Archer T. Ships replied to Luke Allingham's comment.  ·  View on Facebook  ·  Markdown source

Luke Allingham In theory, yes. The problem with Pigouvian taxes is that not everyone agrees on what constitutes an externality, and they sometimes become a mechanism of moralistic social control (such as hefty taxes on cigarettes, weed, and porn).