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Kaushik Basu

Kaushik Basu

Writing for PS since 2002
68 commentaries

Kaushik Basu, a former chief economist of the World Bank and chief economic adviser to the Government of India, is Professor of Economics at Cornell University and Nonresident Senior Fellow at the Brookings Institution.

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  4. eichengreen154_Mark HarringtonNewsday RM via Getty Images_offshorewindfarm Mark Harrington/Newsday RM via Getty Images

    The Logic of Effective Climate Action

    Barry Eichengreen

    The starting point for addressing climate change, economists agree, is a tax on carbon. But while the resulting reduction in emissions would benefit virtually everyone on the planet, those who bear a disproportionate share of the costs will mobilize in opposition – that is, unless they are given a reason not to.

     argues that the best way to overcome organized resistance to a carbon tax is to buy it off.
    2

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