A Quote by Joseph Stiglitz

By taxing CO2, firms and households would have an incentive to retrofit for the world of the future. The tax would also provide firms with incentives to innovate in ways that reduce energy usage and emissions - giving them a dynamic competitive advantage.
Why not put a tax on carbon emissions. It would raise a lot of money, it would reduce the environmental damages in the future, it would solve so many problems, and it would be a much more constructive thing to do than to think about raising the income tax.
After all, despite the economic advantage to firms that employed child labor, it was in the social interest, as a national policy, to abolish it - removing that advantage for all firms.
We're talking about should we increase taxes? Why not put a tax on carbon emissions. It would raise a lot of money, it would reduce the environmental damages in the future, it would solve so many problems, and it would be a much more constructive thing to do than to think about raising the income tax.
You have various institutions like law firms and accounting firms which bill by the hour. I'm really against that. You have an incentive to go slowly, be there as long as possible, to over-research things and over-staff.
CO2 is a minor player in the total system, and human CO2 emissions are insignificant compared to total natural greenhouse gas emissions. Therefore, lowering human CO2 emissions will have no measurable effect on climate, and continued CO2 emissions will have little or no effect on future temperature....While controlling CO2 emissions from burning fossil fuels may have some beneficial effects on air quality, it will have no measurable effect on climate, but great detrimental effects on the economy and our standard of living.
Under the rule of law, if the government wants to prevent firms from outsourcing and offshoring, it enacts legislation and adopts regulations to create the appropriate incentives and discourage undesirable behaviour. It does not bully or threaten particular firms or portray traumatised refugees as a security threat.
We're not going into advertising. But we see the future battleground existing between ourselves, digital firms, and media-buying firms.
Firms would be given initial entitlements to gross markup on the basis of past performance, adjusted by changes in labor and capital inputs. This is somewhat similar to the definition of normal profits under some versions of the wartime excess -profits tax. Entitlements would be transferable and a competitive market established.
To reduce modern climate change to one variable, CO2, or a small proportion of one variable - human-induced CO2 - is not science. To try to predict the future based on just one variable (CO2) in extraordinarily complex natural systems is folly. Yet when astronomers have the temerity to show that climate is driven by solar activities rather than CO2 emissions, they are dismissed as dinosaurs undertaking the methods of old-fashioned science.
If two firms join together, we want their total tax bill to go up because we don't want more big firms. We'd actually like to have lots more small ones.
I'd rather live in a world where firms don't have these enormous incentives to spy on individuals.
Management innovation is going to be the most enduring source of competitive advantage. There will be lots of rewards for firms in the vanguard.
You would think that the U.S. government would not think that American firms needed subsidizing to function in developing countries, provide advice, but they do.
Once firms had to pay to pollute, they became incredibly inventive at figuring out cheaper ways to eliminate their SO2 emissions.
Poor firms ignore their competitors; average firms copy their competitors; winning firms lead their competitors.
Enacted in 1994, the first of the MSRB rules bars employees of firms that underwrite state and municipal bonds from donating to any official seeking federal office who has any role in giving business to bond firms.
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