Tag William Nordhaus

Why Is Climate Change An Economic Problem?

William D. Nordhaus— Begin by stepping back and asking a basic question. Why is global warming such a special problem? Why is it a global problem and not a national problem or a household problem? Why is it such a persistent problem? The economics of climate change is straightforward. Virtually

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The Climate Casino: Applying Economic Reasoning to the Problem of Global Warming

Follow @yaleSCIbooks “Global warming,” William Nordhaus declares, “is one of the defining issues of our time. It ranks along with violent conflicts and economic depressions as a force that will shape the human and natural landscapes for the indefinite future.” In his new book, The Climate Casino: Risk, Uncertainty, and Economics

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