Question

This economist wrote that the case for government intervention “cannot become more than a prima facie one” until agencies “intervene advantageously,” presaging public choice arguments. John Maynard Keynes argued against a work by this economist, whose title Theory of Unemployment is frictional or voluntary. A phenomenon named for this economist, in which consumption rises because deflation increases real wealth, is also called the “real balance effect.” The optimal value of a policy named for this economist occurs when marginal social (-5[1])cost intersects marginal social benefit. (10[1]-5[1])This (10[1])Cambridge (-5[1])economist names a policy used to correct outcomes from water pollution and carbon emissions. For 10 points, name this economist whose namesake taxes mitigate negative externalities. ■END■ (10[1]0[1])

ANSWER: A. C. Pigou (“PIG-oo”) [or Arthur Cecil Pigou; accept Pigou effect; accept Pigouvian taxes]
<Waterloo B, Social Science>
= Average correct buzz position

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Buzzes

PlayerTeamOpponentBuzz PositionValue
Roan DowlingIowaNotre Dame A79-5
Christopher SimsNorthwestern AGeorgetown A8410
Jonah HubertNotre Dame BGeorgetown B84-5
Michał GerasimiukStanford BNorthwestern B8510
Matthew WestleyPurdueNotre Dame C86-5
Stephen HeritageNotre Dame AIowa11310
Will SandersNotre Dame CPurdue1130

Summary

California2025-02-01Y3100%0%0%99.33
Florida2025-02-01Y1100%0%0%100.00
Great Lakes2025-02-01Y5100%0%0%86.00
Midwest2025-02-01Y6100%0%33%94.50
North2025-02-01Y367%0%0%98.00
Northeast2025-02-01Y560%0%20%97.33
Overflow2025-02-01Y560%0%60%94.00
South Central2025-02-01Y2100%0%50%97.50
Southeast2025-02-01Y475%0%50%102.33
UK2025-02-01Y888%0%0%98.00
Upper Mid-Atlantic2025-02-01Y863%0%38%103.00
Upstate NY2025-02-01Y3100%0%0%84.33