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Arthur Cecil Pigou (/ ˈ p iː ɡ uː /; 18 November 1877 – 7 March 1959) was an English economist. As a teacher and builder of the School of Economics at the University of Cambridge , he trained and influenced many Cambridge economists who went on to take chairs of economics around the world.
The Pigou Club is described by its creator, economist Gregory Mankiw, as a “group of economists and pundits with the good sense to have publicly advocated higher Pigouvian taxes, such as gasoline taxes or carbon taxes." [1] A Pigouvian tax is a tax levied to correct the negative externalities (negative side-effects) of a market activity.
The Pigou–Dalton principle (PDP) is a principle in welfare economics, particularly in cardinal welfarism. Named after Arthur Cecil Pigou and Hugh Dalton, it is a condition on social welfare functions. It says that, all other things being equal, a social welfare function should prefer allocations that are more equitable. In other words, a ...
The Pigou effect was first popularised by Arthur Cecil Pigou in 1943, in The Classical Stationary State an article in the Economic Journal. [4] He had proposed the link from balances to consumption earlier, and Gottfried Haberler had made a similar objection the year after the General Theory's publication. [5]
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Arthur Cecil Pigou, English economist. ... from Bouchet du Pransles in Vivarais, prisoner ... (1712–1778), Swiss writer, philosopher, social and educational ...
South Campus (site Sud): originally the École Nationale Supérieure des Travaux Publics, now the civil engineering and mining schools. Dorms are on this campus. North Campus (site Nord): originally the Institut Agricole de Bouaké and École Nationale Supérieure d’Agronomie, now the agronomy, continuing education, and doctoral schools.
William Jack Baumol (February 26, 1922 – May 4, 2017) was an American economist. He was a professor of economics at New York University, Academic Director of the Berkley Center for Entrepreneurship and Innovation, and Professor Emeritus at Princeton University.