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Monthly Archive January, 2007

The Art of PowerPoint

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Pigovian Taxes

A Pigovian tax (also spelled Pigouvian tax) is a tax levied to correct the negative externalities of a market activity. For instance, a Pigovian tax may be levied on producers who pollute the environment to encourage them to reduce pollution, and to provide revenue which may be used to counteract the negative effects of the [...]

Bob’s Your Uncle!

[Q] From Florence C Goold: “What is the origin and actual meaning of bob’s your uncle?”
[A] This is a catchphrase which seemed to arise out of nowhere and yet has had a long period of fashion and is still going strong. It’s known mainly in Britain and Commonwealth countries, and is really a kind of [...]