Who was the economist who first proposed that governments use taxes and subsidies to correct for externalities?
A)Ronald Coase
B)A. C. Pigou
C)Adam Smith
D)David Hume

Question

Quizplus · Accepted Answer

A. C. Pigou was the economist who first proposed that governments use taxes and subsidies to correct for externalities. This concept is known as the Pigouvian tax or Pigouvian subsidy.

Who Was the Economist Who First Proposed That Governments Use