Resources as a Constraint on Growth By William D. Nordhaus
Things which have traditionally been treated as free goods-air, water, quiet, natural beauty-must now be treated with the same care as other scarce goods.
The False Choice Between Economic Growth and Combatting Climate Change
In 1974, the economist William Nordhaus described the transition from a “cowboy economy” to a “spaceship economy.” In the former, he wrote, “we could afford...
Implementing a U.S. Carbon Tax: Challenges and Debates (2015)
Although the future extent and effects of global climate change remain uncertain, the expected damages are not zero, and risks of serious environmental and macroeconomic...