William Nordhaus
American economist (1941-) · United States · Academics
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Something wrong?William Dawbney Nordhaus is an American economist. He was a Sterling Professor of Economics at Yale University, best known for his work in economic modeling and climate change, and a co-recipient of the 2018 Nobel Memorial Prize in Economic Sciences.
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My own view is that there basically is no alternative to a market solution.
Putting a low price on valuable environmental resources is a phenomenon that pervades modern society. Agricultural water is not scarce in California; it is underpriced.
We have to be grown-ups, I think [when discussing the payment of funds today to prevent climate harm which may be decades in the future].
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About this person
William Dawbney Nordhaus is an American economist. He was a Sterling Professor of Economics at Yale University, best known for his work in economic modeling and climate change, and a co-recipient of the 2018 Nobel Memorial Prize in Economic Sciences. Nordhaus received the prize "for integrating climate change into long-run macroeconomic analysis".
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