A C Pigou

著者について

A.C. Pigou was a prominent British economist known for his contributions to welfare economics and the theory of externalities. His most significant work, 'The Economics of Welfare', published in 1920, established fundamental concepts in public economics, including the implications of external costs and benefits on social welfare. Pigou argued that government intervention is necessary to correct market failures arising from these externalities, laying the groundwork for modern economic policy and welfare analysis.

Throughout his career, Pigou was associated with the Cambridge school of economics, where he was influenced by the teachings of Alfred Marshall. His ideas have had a lasting impact on economic theory, particularly regarding how taxation can be used to address social issues and improve economic efficiency. Pigou's legacy continues to resonate in contemporary economic discussions, especially in the context of environmental economics and public policy.