Free exchange | Environmental economics
Taxing the bad stuff
America isn't very good at it
By R.A. | WASHINGTON
ALSO at Ezra Klein's place, Brad Plumer writes an excellent post summarising a new IMF paper on environmental taxation. It includes this telling graph:
More from Free exchange
Religious competition was to blame for Europe’s witch hunts
Many children are still persecuted as alleged witches in Africa for similar reasons
Has BRICS lived up to expectations?
The bloc of big emerging economies is surprisingly good at keeping its promises
How to interpret a market plunge
Whether a sudden sharp decline in asset prices amounts to a meaningless blip or something more depends on mass psychology