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

The Nordhaus Racket: How to Use Capitalization to Minimize the Cost of Climate Change and Win a Nobel for ‘Sustainable Growth’
Bichler, Shimshon and Nitzan, Jonathan. (2018). Real-World Economics Review Blog. 5 November. (Article - Magazine; English).

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Alternative Locations

https://rwer.wordpress.com/2018/11/05/the-nordhaus-racket-how-to-use-capitalization-to-minimize-the-cost-of-climate-change-and-win-a-nobel-for-sustainable-growth/, https://www.econstor.eu/handle/10419/184690, http://www.academia.edu/37723050/The_Nordhaus_Racket_How_to_Use_Capitalization_to_Minimize_the_Cost_of_Climate_Change_and_Win_a_Nobel_for_Sustainable_Growth

Abstract or Brief Description

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.

Language

English

Publication Type

Article - Magazine

Keywords

capitalization climate change discounting

Subject

BN Methodology
BN Policy
BN Capital & Accumulation
BN Ecology & Environment
BN Growth

Depositing User

Jonathan Nitzan

Date Deposited

05 Nov 2018 16:31

Last Modified

13 Nov 2018 21:39

URL:

https://bnarchives.net/id/eprint/562

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