In 2018 William Nordhaus was awarded the Nobel Prize in economics for his contributions to the macroeconomics of climate change. Nevertheless, Nordhaus since the early 1970s was engaged in an academic struggle to contrast the major supporters of The Limits to Growth. Later, though acknowledging some impact of climate change on economic activity and suggesting taxes on greenhouse emissions, he systematically opposed pessimistic views concerning global warming; thus putting off governmental action. The aim of this paper is to enquire into Nordhaus’s contributions to the economics of climate change, and their impact on academic and public debates.

Masini, F. (2021). William Nordhaus: A disputable Nobel? Externalities, climate change and governmental action. EUROPEAN JOURNAL OF THE HISTORY OF ECONOMIC THOUGHT, 28(6) [10.1080/09672567.2021.1963798].

William Nordhaus: A disputable Nobel? Externalities, climate change and governmental action

masini fabio
2021-01-01

Abstract

In 2018 William Nordhaus was awarded the Nobel Prize in economics for his contributions to the macroeconomics of climate change. Nevertheless, Nordhaus since the early 1970s was engaged in an academic struggle to contrast the major supporters of The Limits to Growth. Later, though acknowledging some impact of climate change on economic activity and suggesting taxes on greenhouse emissions, he systematically opposed pessimistic views concerning global warming; thus putting off governmental action. The aim of this paper is to enquire into Nordhaus’s contributions to the economics of climate change, and their impact on academic and public debates.
2021
Masini, F. (2021). William Nordhaus: A disputable Nobel? Externalities, climate change and governmental action. EUROPEAN JOURNAL OF THE HISTORY OF ECONOMIC THOUGHT, 28(6) [10.1080/09672567.2021.1963798].
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11590/390691
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 3
  • ???jsp.display-item.citation.isi??? 3
social impact