In February 1936 John Maynard Keynes gave birth to modern macroeconomics when he published The General Theory of Employment, Interest and Money. In some ways Oskar Lange was seemly also very critical of mainstream neoclassi-cal thinking although known as a working marginalist for the greater...

[Resumé] Denne note tager udgangspunkt i Stern Review. Rapporten er på ca. 700 sider, og jeg vil ikke kunne gennemgå alt i denne. Fokus bliver lagt på især to områder, for det første den beslutningsteoretiske diskussion, og hvordan den iboende usikkerhed anvendes. For det andet hvilken...

The purpose of this paper is to analyse whether the presence of Hot Air trading jeopardizes the environmental target of an international environmental agree-ment. We argue that Hot Air can be used as an implicit side-payment mecha-nism to actually bring about higher environmental protection...