The Nordhaus Racket: How to Use Capitalization to Minimize the Cost of Climate Change and Win a Nobel for ‘Sustainable Growth’

The LA Times called the bluff: William D. Nordhaus won the Nobel prize in economics for a climate model that minimized the cost of rising global temperatures and undermined the need for urgent action. Unfortunately, though, the article missed the nugget in the racket.

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Year of publication:	2018
Authors:	Bichler, Shimshon ; Nitzan, Jonathan
Publisher:	Toronto : The Bichler and Nitzan Archives
Subject:	capitalization \| climate change \| discounting

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Series:	Research Note
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	1067408665 [GVK] hdl:10419/184690 [Handle] RePEc:zbw:esprep:184690 [RePEc]
Classification:	Q54 - Climate; Natural Disasters ; P48 - Legal Institutions; Property Rights ; f64 ; Q56 - Environment and Development; Environment and Trade; Sustainability; Environmental Accounting
Source:	EconStor

Persistent link: https://www.econbiz.de/10011926602