E. Glen Weyl


Assistant Professor in the Department of Economics and in the College, University of Chicago, USA

Psychic Income, Taxes and the Allocation of Talent


The efficiency consequences of taxation through its effect on occupational choice can be the opposite of the traditional labor supply effects that economists have focused on. Murphy et al. (1991) argue that some occupations may have positive, others negative, externalities. If occupations with positive externalities tend to be more enjoyable, ...

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