Meaning of Pigovian | Babel Free

Definitions

Adjective. [B2]

Examples

“We have argued above that Pigovian taxes were not adequate in general to solve the externalities due to the information problem: the taxing authority in general can't be expected to know the costs imposed by the externalities.”

“If there is one axiom of today's Pigovian pessimism it is the idea that after decades of decadent reliance on debt to goose up consumption, US consumers are structurally over leveraged.”

CEFR level