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William Nordhaus

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between temperature and GDP today as a proxy for the impact of global warming over time; and using surveys that diluted extreme warnings from scientists with optimistic expectations from economists." When specifically speaking about Nordhaus, he says that "Nordhaus has misrepresented the scientific literature to justify the using a smooth function to describe the damage to GDP from climate change. Correcting for these errors makes it feasible that the economic damages from climate change are at least an order of magnitude worse than forecast by economists, and may be so great as to threaten the survival of human civilization."
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is used to examine the consequences of climate policy interventions, for example carbon taxes." Additionally, the Nobel Prize announcement commented that Nordhaus had “significantly broadened the scope of economic analysis by constructing models that explain how the market economy interacts with nature." In an evaluation of the work, Lint Barrage summarizes its impact, stating that the "body of work also represents science at its best: integrative across disciplines, visionary in scope yet incremental in progress, transparent, and producing knowledge for the benefit of humankind."
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The Review's unambiguous conclusions about the need for extreme immediate action will not survive the substitution of discounting assumptions that are consistent with today's market place. So the central questions about global-warming policy–how much, how fast, and how costly–remain open. The Review
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is severely flawed. Instead of putting goods and their prices directly into the index we should reduce all goods to their constituent characteristics. Then we should evaluate how these goods can best be combined to minimize the cost of consuming these characteristics. Such an approach would allow us
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The Nobel Foundation described Nordhaus's work as follows: "William Nordhaus’s findings deal with interactions between society, the economy and climate change. In the mid-1990s, he created a quantitative model that describes the global interplay between the economy and the climate. Nordhaus’s model
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will continue to accumulate in the atmosphere, because we cannot simply shut down our economy". He asserted that he was not alone in making this assessment, claiming that half of the simulations arrived at the same conclusion. He also remarked that the two-degree target was set without reference to
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In 2015, Nordhaus published an article promulgating his concept of a "climate club". This publication has become widely debated and cited within and outside economics. He conceptualizes this as a coalition of the willing among countries that wish to adopt more stringent climate mitigation policies.
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criticises the economics of climate change generally and the 2018 work by Nordhaus in particular: "economists made their own predictions of damages, using three spurious methods: assuming that about 90% of GDP will be unaffected by climate change, because it happens indoors; using the relationship
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The Yale economist William D. Nordhaus has spent the better part of four decades trying to persuade governments to address climate change, preferably by imposing a tax on carbon emissions. His careful work has long since convinced most members of his own profession .
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to include new goods in the consumer price index without worrying about whether the index of today is comparable to that of ten years ago when the good did not exist. Such an approach would also allow governments to more precisely calculate the rate at which
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A study of Paul A. Samuelson's Economics : making economics accessible to students : a thesis presented in partial fulfilment of the requirements for the degree of Doctor of Philosophy in Economics at Massey University, Palmerston North, New
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In an article by Christopher Ketcham on "theintercept.com" there are a number of critical insights and critical views of Nordhaus' methods and assumptions, which didn't recognise or value tipping-cascades or non-elastic eco and environmental risk.
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Critics of Nordhaus's DICE model focus on several aspects. One of the most important, incorporating political and moral philosophy, is the use of discounting, with an early study by William Cline. Another branch, represented by
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among the club's member states and levies a fee on all imports of goods from countries that are outside the club and have not introduced similar carbon pricing. It has been argued that the carbon border adjustment mechanism
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Samuelson, Paul A.; McGraw, Harold W.; Nordhaus, William D.; Ashenfelter, Orley; Solow, Robert M.; Fischer, Stanley (1999). "Samuelson's "Economics" at Fifty: Remarks on the Occasion of the Anniversary of Publication".
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Mr Nordhaus was an early advocate of carbon taxes, but the committee noted that the models he developed also allowed policymakers to calculate quantitative paths for the best tax showing how they would depend on
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has been called a “canonical textbook”, and the development of mainstream economic thought has been traced by comparing the nineteen editions over the 1948–2010 period.
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in 1970–1971. He has been a member of the faculty at Yale since 1967, in both the Economics department and the School of the Environment. Nordhaus also served as its
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that account for the vast changes in the quality and range of goods and services that we consume, that somehow compare the services of horse with automobile, of
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path for coping with climate change". In 2013, Nordhaus became president-elect of the AEA, and served as the association's president between 2014 and 2015.
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because they do not take into account the manner in which increases in quality reduce the monetary cost of maintaining a certain standard of living.
1471: 1008: 1354:–that is, are heavily dependent upon naturally occurring rainfall, runoff, or temperatures–will be most sensitive to climate change, generally. 4020: 4001: 3986: 3967: 2451:"Why carbon border adjustment mechanisms will not save the planet but a climate club and subsidies for transformative green technologies may" 1576:, is that the economy-climate system may have "fat tails" and therefore inadequately deal with low probability, high consequence outcomes. 1463: 1318:
Mankind is playing dice with the natural environment through a multitude of interventions–injecting into the atmosphere trace gases like the
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Samuel Randalls (2011). "Optimal Climate Change: Economics and Climate Science Policy Histories (from Heuristic to Normative)".
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Many of the news outlets that reported on Nordhaus's prize noted that he was in the early wave of economists who embraced a
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Nordhaus is also known for his critique of current measures of national income. For example, in a 1996 article, he wrote,
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Nordhaus is the author or editor of over 20 books. One of his early works is the wildly popular introductory textbook,
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If we are to obtain accurate estimates of the growth of real incomes over the last century, we must somehow construct
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When Idiot Savants Do Climate Economics, How an elite clique of math-addled economists hijacked climate policy.
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The practical lesson to be drawn from this fascinating study of lighting is that the way we measure the
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from 1986–1988 and its Vice President for Finance and Administration from 1992–1993. He has been on the
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and other forms of aid should be increased. At present, such calculations tend to overestimate the
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Tarr, David G.; Kuznetsov, Dmitrii E.; Overland, Indra; Vakulchuk, Roman (June 1, 2023).
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models Nordhaus has developed, sectors of the economy that depend heavily on unmanaged
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data to devise economic measures reflecting better health, increases in leisure and
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was "impossible", stating that, "even if we make the fastest possible turn towards
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in 1883, and became a manager of The Charles Ilfeld Company branch in Albuquerque.
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The Spirit of Green: The Economics of Collisions and Contagions in a Crowded World
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The Climate Casino: Risk, Uncertainty, and Economics for a Warming World
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The Climate Casino: Risk, Uncertainty, and Economics for a Warming World
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of the interplay between economics, energy use, and climate change. In
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in 2013. He served as the chairman of the board of directors of the
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Smith, Ida Dokk; Overland, Indra; Szulecki, Kacper (July 5, 2023).
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Nordhaus, W. D. '"Reflections on the economics of climate change",
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family – his father Max Nordhaus (1865–1936) had immigrated from
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summarizes the importance of Nordhaus's insight when he writes,
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In 2004, Nordhaus was designated a Distinguished Fellow of the
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In 1972, Nordhaus, along with fellow Yale economics professor
3273: 2744:• William D. Nordhaus, 1975. "The Political Business Cycle," 2278:"An Optimal Transition Path for Controlling Greenhouse Gases" 1194:, one of his primary areas of research. Those books include, 1131:
administration, from 1977–1979, Nordhaus was a member of the
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Members of the Royal Swedish Academy of Engineering Sciences
1955:"Economist Says Best Climate Fix A Tough Sell, But Worth It" 1428:, Nordhaus claimed that achieving the 2 Â°C goal of the 1196:
Managing the Global Commons: The Economics of Climate Change
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Szulecki, Kacper; Overland, Indra; Smith, Ida Dokk (2022).
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Distinguished fellows of the American Economic Association
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MIT School of Humanities, Arts, and Social Sciences alumni
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Overland, Indra; Sadaqat Huda, Mirza (September 1, 2022).
1744:"Sandia Peak Ski & Tramway – History & Technology" 1639:. Council of Economic Advisers (U.S.). 2007. p. 171. 1636:
Biographical Directory of the Council of Economic Advisers
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Contributions to economics and the study of climate change
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Members of the United States National Academy of Sciences
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in 1963 and 1972, respectively, where he was a member of
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informs but does not answer these fundamental questions.
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In 2007, Nordhaus, who has done several studies on the
1024:(born May 31, 1941) is an American economist. He was a 2201:. In Bresnahan, Timothy F.; Gordon, Robert J. (eds.). 5198: 2615: 2497: 2338:"The Stern Review on the Economics of Climate Change" 5335:
Fellows of the American Academy of Arts and Sciences
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Climate Change: The Ultimate Challenge for Economics
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ones in the laboratory, and accumulating sufficient
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Warming the World: Economic Models of Global Warming
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Association of Environmental and Resource Economists
2120: 1854:"William Dawbney Nordhaus Will Marry Barbara Feise" 1684: 1682: 1538:specifically recognized his efforts to develop "an 2704: 2164:The Measurement of Economic and Social Performance 1880: 3350:Laureate of the Nobel Memorial Prize in Economics 2957:Journal of Environmental Economics and Management 2068:Samuelson, Paul A.; Nordhaus, William D. (2009). 2067: 1394:that produced a report discounting the impact of 5246: 2235:The Apprentice Economist: Seven Steps to Mastery 1679: 1477: 1472:American Academy of Political and Social Science 5330:Presidents of the American Economic Association 4362:Presidents of the American Economic Association 3161: 2703:Voigt, Birgit; Meier, JĂĽrg (January 25, 2020). 1770:Proceedings of the National Academy of Sciences 4082: 2953:"Uncertain outcomes and climate change policy" 2256: 2254: 1930:. Yale Department of Economics. Archived from 1822: 1726:"Brothers Battle Climate Change on Two Fronts" 1312:Reflections on the Economics of Climate Change 4346: 4068: 3387: 2147: 1464:Royal Swedish Academy of Engineering Sciences 1390:In 2013, Nordhaus chaired a committee of the 1002: 3407:Sveriges Riksbank Prize in Economic Sciences 3055:Review of Environmental Economics and Policy 2775:"William D. Nordhaus, Distinguished Fellow". 1918: 1916: 1914: 1912: 1910: 1290:Contributions on economics of climate change 112:BBVA Foundation Frontiers of Knowledge Award 2275: 2251: 2001: 1999: 1997: 1883:A theory of endogenous technological change 1186:Nordhaus has also written several books on 158:A theory of endogenous technological change 5340:United States Council of Economic Advisers 4353: 4339: 4075: 4061: 3394: 3380: 3284: 2702: 1848: 1846: 1456:United States National Academy of Sciences 1009: 995: 31: 3096:Ketcham, Christopher (October 29, 2023), 3017: 2976: 2826: 2643: 2633: 2584: 2574: 2525: 2515: 2474: 2400: 1957:. Washington, D.C.: National Public Radio 1907: 1799: 1789: 1723: 1666: 1528:Nobel Memorial Prize in Economic Sciences 1454:Among many honors, he is a Member of the 1042:Nobel Memorial Prize in Economic Sciences 117:Nobel Memorial Prize in Economic Sciences 5270:American people of German-Jewish descent 3048: 2940:. Institute for International Economics. 2382: 2335: 2190: 2102:(Thesis). Massey University. p. 2. 1994: 1878: 1826:Pioneer Jews: A New Life in the Far West 1823:Rochlin, Harriet; Rochlin, Fred (2018). 1225:(ISEW), as the first attempt to develop 3095: 2950: 2904:"The Scandinavian Journal of Economics" 2827:Appelbaum, Binyamin (October 8, 2018). 2803: 1843: 1667:Appelbaum, Binyamin (October 8, 2018). 1206:(2000), co-authored with Joseph Boyer; 1103:. He also holds a Certificate from the 1051: 5247: 2849: 2622:JCMS: Journal of Common Market Studies 2095:Smith, Leanne (2000). "Introduction". 1952: 1462:. He has been a foreign member of the 319:Measures of national income and output 4334: 4056: 3375: 2999: 2935: 2804:Strauss, Delphine (October 8, 2018). 2773:American Economic Association, 2004. 2758:Brookings Papers on Economic Activity 2229: 2094: 1953:Harris, Richard (February 11, 2014). 1889:Massachusetts Institute of Technology 1760: 1690:"The Prize in Economic Sciences 2018" 1460:American Academy of Arts and Sciences 1223:Index of Sustainable Economic Welfare 97:Massachusetts Institute of Technology 3111: 3049:Weitzman, Martin L. (July 1, 2011). 2168:National Bureau of Economic Research 2166:(Reprinted ed.). New York, NY: 1450:Scientific and engineering academies 1125:Brookings Panel on Economic Activity 1115:(1967). He was a Visiting Fellow of 37:Nordhaus in Stockholm, December 2018 5365:People from Albuquerque, New Mexico 2850:Linden, Eugene (October 25, 2018). 2383:Nordhaus, William (April 1, 2015). 13: 5325:Fellows of the Econometric Society 4164:(Democratic Republic of the Congo) 3155: 2357: 1879:Nordhaus, William Dawbney (1967). 14: 5391: 3238:William Nordhaus (Yale Home Page) 3207: 3112:Keen, Steve (September 1, 2020). 3002:"The Economics of Climate Change" 3000:Stern, Nicholas (April 1, 2008). 2336:Nordhaus, William (May 3, 2007). 2035:The Journal of Economic Education 1724:Davenport, Coral (May 10, 2014). 1536:Royal Swedish Academy of Sciences 1522:Nobel Memorial Prize in Economics 1441:the costs of meeting the target. 1422:In a January 2020 interview with 1040:, and a co-recipient of the 2018 5370:Fellows of Clare Hall, Cambridge 5275:21st-century American economists 5232: 5220: 5208: 3225: 3213: 2266:(1993); 7(4) 11–25 at pp. 11, 15 2263:Journal of Economic Perspectives 1766:"Profile of William D. Nordhaus" 1707:"Albuquerque Journal Obituaries" 1068:. Robert J. Nordhaus was from a 976: 964: 205: 5375:Alumni of Clare Hall, Cambridge 3483:Leonid Vitaliyevich Kantorovich 3105: 3089: 3042: 2993: 2951:Pindyck, Robert S. (May 2012). 2944: 2938:The economics of global warming 2929: 2896: 2871: 2843: 2820: 2797: 2787:"American Economic Association" 2779: 2767: 2738: 2726: 2696: 2668: 2609: 2542: 2491: 2442: 2417: 2376: 2351: 2329: 2269: 2223: 2184: 2141: 2114: 2088: 2061: 2025: 1969: 1946: 1466:since 1999. He was awarded the 1342:to destroy human civilizations. 1326:chemicals, engineering massive 1202:. Other notable books include, 1026:Sterling Professor of Economics 3243:The Question of Global Warming 2747:The Review of Economic Studies 2732:American Economic Association 2555:Environmental Research Letters 1816: 1754: 1736: 1717: 1699: 1660: 1627: 1609: 1598:List of Jewish Nobel laureates 1558: 1530:in 2018, which he shared with 1419:could become a climate club. 1144:Federal Reserve Bank of Boston 1140:American Philosophical Society 1087:and subsequently received his 924:Publications in macroeconomics 16:American economist (born 1941) 1: 3318:American Economic Association 3130:10.1080/14747731.2020.1807856 3067:10.1080/14747731.2020.1807856 2307:10.1126/science.258.5086.1315 2276:Nordhaus WD (November 1992). 1829:. Houghton Mifflin Harcourt. 1603: 1484:American Economic Association 1478:American Economic Association 1468:Daniel Patrick Moynihan Prize 1302:. He is the developer of the 1032:, best known for his work in 5285:Nobel laureates in Economics 3289:including the Prize Lecture 3264:The New York Review of Books 3252:The New York Review of Books 2121:William D. Nordhaus (2013). 1406:The climate club introduces 1308:integrated assessment models 1294:Nordhaus has written on the 1138:Nordhaus was elected to the 1133:Council of Economic Advisers 1105:Institut d'Etudes Politiques 7: 2476:10.1016/j.eneco.2023.106695 2207:University of Chicago Press 1591: 1541:integrated assessment model 1371:economics of global warming 10: 5396: 5380:Members of Skull and Bones 5305:Economists from New Mexico 5280:Jewish American economists 3475:Friedrich August von Hayek 2969:10.1016/j.jeem.2011.12.001 2203:The Economics of New Goods 1258:magnetic resonance imaging 675:New neoclassical synthesis 658:Real business-cycle theory 5041: 4874: 4713: 4626:Oliver M. W. Sprague 4552: 4415: 4368: 4258: 4233: 4208: 4177: 4147: 4123: 4092: 3873:Christopher A. Pissarides 3747: 3496: 3413: 3356: 3347: 3339: 3334: 3324: 3311: 3303: 3298: 2517:10.3389/fclim.2022.942583 2162:. In Moss, Milton (ed.). 2127:. Yale University Press. 2074:. McGraw-Hill Education. 1839:– via Google Books. 1583:Post-Keynesian economist 1551:as a preferred method of 1526:Nordhaus was awarded the 1444: 1392:National Research Council 180: 168: 150: 140: 130: 123: 107: 75: 42: 30: 23: 5320:Yale Sterling Professors 5290:Environmental economists 5265:American Nobel laureates 3259:Energy: Friend or Enemy? 3006:American Economic Review 2734:"Distinguished Fellows". 2576:10.1088/1748-9326/ac8da8 2389:American Economic Review 1508:national income accounts 1504:political business cycle 1400:greenhouse gas emissions 1227:environmental accounting 1079:Nordhaus graduated from 1022:William Dawbney Nordhaus 680:Saltwater and freshwater 47:William Dawbney Nordhaus 5345:Yale University faculty 4942:Charles P. Kindleberger 4680:Emanuel A. Goldenweiser 3245:Nordhaus exchange with 2936:Cline, William (1992). 2916:10.1111/(ISSN)1467-9442 1791:10.1073/pnas.0601306103 1159:Yale Child Study Center 1146:between 2014 and 2015. 1127:since 1972. During the 608:International economics 533:Overlapping generations 135:Environmental economics 5310:Yale University alumni 5215:Business and economics 4847:John Kenneth Galbraith 4264:Nobel Prize recipients 4210:Physiology or Medicine 3230:Quotations related to 1388: 1344: 1287: 1262: 1046:macroeconomic analysis 951:Mathematical economics 702:Modern monetary theory 465:Universal basic income 3594:James M. Buchanan Jr. 2157:"Is Growth Obsolete?" 1924:"William D. Nordhaus" 1396:fossil fuel subsidies 1383: 1377:for its use of a low 1316: 1270: 1234: 1117:Clare Hall, Cambridge 1056:Nordhaus was born in 791:Wesley Clair Mitchell 766:Thomas Robert Malthus 603:Development economics 4900:Tjalling C. Koopmans 4513:Herbert J. Davenport 4423:Edwin R. A. Seligman 3857:Oliver E. Williamson 3487:Tjalling C. Koopmans 3262:October 27, 2012 in 3222:at Wikimedia Commons 2908:Wiley Online Library 2712:Neue ZĂĽrcher Zeitung 2504:Frontiers in Climate 2402:10.1257/aer.15000001 2192:Nordhaus, William D. 2170:. pp. 509–564. 2149:Nordhaus, William D. 1981:search.amphilsoc.org 1977:"APS Member History" 1934:on February 11, 2019 1711:obits.abqjournal.com 1425:Neue ZĂĽrcher Zeitung 1304:DICE and RICE models 1274:consumer price index 1052:Education and career 528:Ramsey–Cass–Koopmans 368:Liquidity preference 5115:Christopher A. Sims 5014:Arnold C. Harberger 4978:Thomas C. Schelling 4936:Charles L. Schultze 4823:Kenneth E. Boulding 4775:Theodore W. Schultz 3885:Christopher A. Sims 3813:Thomas C. Schelling 3785:Robert F. Engle III 3686:Robert E. Lucas Jr. 3534:Theodore W. Schultz 2567:2022ERL....17i3005O 2467:2023EneEc.12206695T 2299:1992Sci...258.1315N 2293:(5086): 1315–1319. 2237:. Cooper-Wolfling. 1782:2006PNAS..103.9753N 1314:(1993), he writes, 1175:, co-authored with 1066:Sandia Peak Tramway 983:Business portal 919:Macroeconomic model 796:John Maynard Keynes 593:Economic statistics 538:General equilibrium 5295:Climate economists 4829:William J. Fellner 4805:Joseph J. Spengler 4793:Gottfried Haberler 4763:George W. Stocking 4757:Morris A. Copeland 4644:Frederick C. Mills 4584:Matthew B. Hammond 4537:Wesley C. Mitchell 4519:Jacob H. Hollander 3801:Edward C. Prescott 3789:Clive W.J. Granger 3765:Joseph E. Stiglitz 3738:Daniel L. McFadden 3626:Harry M. Markowitz 3283:on Nobelprize.org 3270:"William Nordhaus" 3019:10.1257/aer.98.2.1 2833:The New York Times 2684:. January 26, 2020 2635:10.1111/jcms.13512 2429:scholar.google.com 2425:"William Nordhaus" 2363:National Academies 1928:economics.yale.edu 1858:The New York Times 1730:The New York Times 1673:The New York Times 1486:(AEA), along with 1364:outdoor recreation 1149:Nordhaus lives in 871:Edward C. Prescott 598:Monetary economics 5300:Energy economists 5196: 5195: 5151:Olivier Blanchard 5139:Robert J. Shiller 5109:Orley Ashenfelter 5085:Thomas J. Sargent 5032:Dale W. Jorgenson 4966:Joseph A. Pechman 4918:William J. Baumol 4888:Lawrence R. Klein 4882:Franco Modigliani 4799:George J. Stigler 4781:Paul A. Samuelson 4692:Joseph Schumpeter 4602:William Z. Ripley 4596:George E. Barnett 4560:Edwin W. Kemmerer 4483:Walter F. Willcox 4435:Jeremiah W. Jenks 4382:Charles F. Dunbar 4376:Francis A. Walker 4328: 4327: 4235:Economic Sciences 4140:announced in 2019 4050: 4049: 3949:Richard H. Thaler 3913:Robert J. Shiller 3909:Lars Peter Hansen 3881:Thomas J. Sargent 3869:Dale T. Mortensen 3761:A. Michael Spence 3757:George A. Akerlof 3726:Robert A. Mundell 3694:James A. Mirrlees 3662:Douglass C. North 3634:William F. Sharpe 3586:Franco Modigliani 3562:George J. Stigler 3546:Lawrence R. Klein 3435:Paul A. Samuelson 3370: 3369: 3357:Succeeded by 3325:Succeeded by 3299:Academic offices 3218:Media related to 2857:Los Angeles Times 2244:978-0-9877880-4-7 2216:978-0-226-07415-3 2013:. October 8, 2018 1776:(26): 9753–9755. 1764:(June 27, 2006). 1373:, criticized the 1346:According to the 1246:facsimile machine 1034:economic modeling 1019: 1018: 946:Political economy 901:N. Gregory Mankiw 891:Thomas J. Sargent 736:Market monetarism 550:Endogenous growth 380:National accounts 184: 183: 125:Scientific career 5387: 5237: 5236: 5225: 5224: 5223: 5213: 5212: 5204: 5127:William Nordhaus 5067:Martin Feldstein 5055:Robert Lucas Jr. 4912:Moses Abramovitz 4859:Walter W. Heller 4853:Kenneth J. Arrow 4835:Wassily Leontief 4733:Calvin B. Hoover 4721:John H. Williams 4620:Alvin S. Johnson 4590:Ernest L. Bogart 4507:Henry B. Gardner 4489:Thomas N. Carver 4400:Arthur T. Hadley 4355: 4348: 4341: 4332: 4331: 4266: 4243:William Nordhaus 4218:James P. Allison 4199:Donna Strickland 4116:(United Kingdom) 4077: 4070: 4063: 4054: 4053: 4043: 4035: 4033:Philip H. Dybvig 4016: 3997: 3995:Robert B. Wilson 3982: 3972:Abhijit Banerjee 3963: 3957:William Nordhaus 3951: 3943: 3931: 3923: 3915: 3899: 3897:Lloyd S. Shapley 3887: 3875: 3865:Peter A. Diamond 3859: 3847: 3839: 3837:Roger B. Myerson 3823: 3821:Edmund S. Phelps 3815: 3809:Robert J. Aumann 3803: 3791: 3779: 3767: 3740: 3734:James J. Heckman 3728: 3720: 3712: 3710:Myron S. Scholes 3706:Robert C. Merton 3700: 3688: 3680: 3674:John F. Nash Jr. 3670:John C. Harsanyi 3664: 3652: 3644: 3636: 3630:Merton H. Miller 3620: 3612: 3604: 3596: 3588: 3580: 3572: 3564: 3556: 3548: 3540: 3538:Sir Arthur Lewis 3528: 3526:Herbert A. Simon 3520: 3508: 3489: 3477: 3465: 3463:Wassily Leontief 3457: 3455:Kenneth J. Arrow 3445: 3437: 3429: 3396: 3389: 3382: 3373: 3372: 3360:Abhijit Banerjee 3340:Preceded by 3304:Preceded by 3296: 3295: 3288: 3281:William Nordhaus 3277: 3249:and others from 3232:William Nordhaus 3229: 3220:William Nordhaus 3217: 3203: 3150: 3149: 3124:(7): 1149–1177. 3109: 3103: 3102: 3093: 3087: 3086: 3046: 3040: 3039: 3021: 2997: 2991: 2990: 2980: 2948: 2942: 2941: 2933: 2927: 2926: 2924: 2922: 2900: 2894: 2893: 2891: 2889: 2875: 2869: 2868: 2866: 2864: 2847: 2841: 2840: 2824: 2818: 2817: 2801: 2795: 2794: 2783: 2777: 2771: 2765: 2742: 2736: 2730: 2724: 2723: 2721: 2719: 2708: 2700: 2694: 2693: 2691: 2689: 2672: 2666: 2665: 2647: 2637: 2613: 2607: 2606: 2588: 2578: 2546: 2540: 2539: 2529: 2519: 2495: 2489: 2488: 2478: 2455:Energy Economics 2446: 2440: 2439: 2437: 2435: 2421: 2415: 2414: 2404: 2395:(4): 1339–1370. 2380: 2374: 2373: 2371: 2369: 2355: 2349: 2348: 2342: 2333: 2327: 2326: 2282: 2273: 2267: 2258: 2249: 2248: 2227: 2221: 2220: 2200: 2188: 2182: 2181: 2161: 2145: 2139: 2138: 2118: 2112: 2111: 2092: 2086: 2085: 2065: 2059: 2058: 2029: 2023: 2022: 2020: 2018: 2003: 1992: 1991: 1989: 1987: 1973: 1967: 1966: 1964: 1962: 1950: 1944: 1943: 1941: 1939: 1920: 1905: 1904: 1886: 1876: 1870: 1869: 1867: 1865: 1850: 1841: 1840: 1820: 1814: 1813: 1803: 1793: 1758: 1752: 1751: 1740: 1734: 1733: 1721: 1715: 1714: 1703: 1697: 1696: 1694: 1686: 1677: 1676: 1664: 1658: 1657: 1655: 1653: 1631: 1625: 1624: 1613: 1506:, ways of using 1492:William A. Brock 1488:George P. Shultz 1328:land-use changes 1320:greenhouse gases 1081:Phillips Academy 1011: 1004: 997: 981: 980: 971:Money portal 969: 968: 967: 881:William Nordhaus 866:Robert Lucas Jr. 756:François Quesnay 392:Nominal rigidity 363:Demand for money 341:Microfoundations 277:Financial crisis 257:Effective demand 227:Aggregate supply 222:Aggregate demand 209: 186: 185: 170:Doctoral advisor 164: 60: 56: 54: 35: 25:William Nordhaus 21: 20: 5395: 5394: 5390: 5389: 5388: 5386: 5385: 5384: 5245: 5244: 5243: 5231: 5221: 5219: 5207: 5199: 5197: 5192: 5175:Christina Romer 5073:Daniel McFadden 5037: 5026:D. Gale Johnson 5020:Robert W. Fogel 5008:Anne O. Krueger 5002:Victor R. Fuchs 4984:William Vickrey 4948:Alice M. Rivlin 4930:W. Arthur Lewis 4906:Robert M. Solow 4870: 4865:R. Aaron Gordon 4817:Milton Friedman 4787:Edward S. Mason 4769:Arthur F. Burns 4727:Harold A. Innis 4709: 4698:Howard S. Ellis 4674:I. Leo Sharfman 4668:Joseph S. Davis 4662:Albert B. Wolfe 4656:Edwin G. Nourse 4650:Sumner Slichter 4608:Harry A. Millis 4566:Thomas S. Adams 4548: 4525:Henry R. Seager 4495:John R. Commons 4465:Frank A. Fetter 4459:Henry W. Farnam 4453:Edmund J. James 4441:Simon N. Patten 4411: 4364: 4359: 4329: 4324: 4262: 4254: 4251:(United States) 4245:(United States) 4229: 4220:(United States) 4204: 4189:(United States) 4173: 4143: 4119: 4110:(United States) 4104:(United States) 4088: 4081: 4051: 4046: 4038: 4029:Douglas Diamond 4019: 4000: 3985: 3966: 3954: 3946: 3941:Bengt Holmström 3934: 3926: 3918: 3902: 3890: 3878: 3862: 3850: 3842: 3826: 3818: 3806: 3797:Finn E. Kydland 3794: 3782: 3777:Vernon L. Smith 3773:Daniel Kahneman 3770: 3754: 3743: 3731: 3723: 3715: 3703: 3698:William Vickrey 3691: 3683: 3678:Reinhard Selten 3667: 3658:Robert W. Fogel 3655: 3647: 3642:Ronald H. Coase 3639: 3623: 3618:Trygve Haavelmo 3615: 3607: 3602:Robert M. Solow 3599: 3591: 3583: 3575: 3567: 3559: 3551: 3543: 3531: 3523: 3511: 3506:Milton Friedman 3503: 3492: 3480: 3468: 3460: 3448: 3440: 3432: 3420: 3409: 3400: 3366: 3362: 3353: 3345: 3330: 3321: 3309: 3268: 3210: 3158: 3156:Further reading 3153: 3110: 3106: 3094: 3090: 3047: 3043: 2998: 2994: 2949: 2945: 2934: 2930: 2920: 2918: 2902: 2901: 2897: 2887: 2885: 2877: 2876: 2872: 2862: 2860: 2848: 2844: 2825: 2821: 2810:Financial Times 2802: 2798: 2785: 2784: 2780: 2772: 2768: 2755: 2743: 2739: 2731: 2727: 2717: 2715: 2701: 2697: 2687: 2685: 2674: 2673: 2669: 2614: 2610: 2547: 2543: 2496: 2492: 2447: 2443: 2433: 2431: 2423: 2422: 2418: 2381: 2377: 2367: 2365: 2356: 2352: 2345:Yale University 2340: 2334: 2330: 2280: 2274: 2270: 2259: 2252: 2245: 2228: 2224: 2217: 2198: 2189: 2185: 2178: 2159: 2146: 2142: 2135: 2119: 2115: 2093: 2089: 2082: 2066: 2062: 2047:10.2307/1182949 2030: 2026: 2016: 2014: 2005: 2004: 1995: 1985: 1983: 1975: 1974: 1970: 1960: 1958: 1951: 1947: 1937: 1935: 1922: 1921: 1908: 1877: 1873: 1863: 1861: 1852: 1851: 1844: 1837: 1821: 1817: 1759: 1755: 1742: 1741: 1737: 1722: 1718: 1705: 1704: 1700: 1692: 1688: 1687: 1680: 1665: 1661: 1651: 1649: 1647: 1633: 1632: 1628: 1621:library.mit.edu 1615: 1614: 1610: 1606: 1594: 1574:Martin Weitzman 1561: 1524: 1512:life expectancy 1496:economic growth 1480: 1452: 1447: 1439: 1430:Paris agreement 1340:nuclear weapons 1324:ozone-depleting 1292: 1167: 1101:Skull and Bones 1054: 1030:Yale University 1015: 975: 965: 963: 956: 955: 914: 906: 905: 886:Joseph Stiglitz 846:Milton Friedman 826:Friedrich Hayek 751: 741: 740: 623: 613: 612: 583: 575: 574: 560:Mundell–Fleming 555:Matching theory 493:Keynesian cross 478: 470: 469: 440: 432: 431: 217: 162: 145:Yale University 115: 95: 91: 80:Yale University 71: 61: 58: 52: 50: 49: 48: 38: 26: 17: 12: 11: 5: 5393: 5383: 5382: 5377: 5372: 5367: 5362: 5357: 5352: 5347: 5342: 5337: 5332: 5327: 5322: 5317: 5312: 5307: 5302: 5297: 5292: 5287: 5282: 5277: 5272: 5267: 5262: 5257: 5242: 5241: 5239:Global warming 5229: 5217: 5194: 5193: 5191: 5190: 5184: 5178: 5172: 5166: 5160: 5154: 5148: 5142: 5136: 5133:Richard Thaler 5130: 5124: 5121:Claudia Goldin 5118: 5112: 5106: 5100: 5094: 5088: 5082: 5079:George Akerlof 5076: 5070: 5064: 5058: 5052: 5045: 5043: 5039: 5038: 5036: 5035: 5029: 5023: 5017: 5011: 5005: 4999: 4993: 4987: 4981: 4975: 4969: 4963: 4957: 4954:Gary S. Becker 4951: 4945: 4939: 4933: 4927: 4924:Gardner Ackley 4921: 4915: 4909: 4903: 4897: 4894:Jacob Marschak 4891: 4885: 4878: 4876: 4872: 4871: 4869: 4868: 4862: 4856: 4850: 4844: 4838: 4832: 4826: 4820: 4814: 4808: 4802: 4796: 4790: 4784: 4778: 4772: 4766: 4760: 4754: 4751:Edwin E. Witte 4748: 4742: 4736: 4730: 4724: 4717: 4715: 4711: 4710: 4708: 4707: 4701: 4695: 4689: 4683: 4677: 4671: 4665: 4659: 4653: 4647: 4641: 4635: 4629: 4623: 4617: 4611: 4605: 4599: 4593: 4587: 4581: 4575: 4572:Fred M. Taylor 4569: 4563: 4556: 4554: 4550: 4549: 4547: 4546: 4543:Allyn A. Young 4540: 4534: 4528: 4522: 4516: 4510: 4504: 4498: 4492: 4486: 4480: 4474: 4468: 4462: 4456: 4450: 4447:Davis R. Dewey 4444: 4438: 4432: 4426: 4419: 4417: 4413: 4412: 4410: 4409: 4406:Richard T. Ely 4403: 4397: 4394:Henry C. 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Becker 3645: 3637: 3621: 3613: 3610:Maurice Allais 3605: 3597: 3589: 3581: 3573: 3565: 3557: 3549: 3541: 3529: 3521: 3518:James E. 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Black 4743: 4740: 4739:Simon Kuznets 4737: 4734: 4731: 4728: 4725: 4722: 4719: 4718: 4716: 4712: 4705: 4702: 4699: 4696: 4693: 4690: 4687: 4684: 4681: 4678: 4675: 4672: 4669: 4666: 4663: 4660: 4657: 4654: 4651: 4648: 4645: 4642: 4639: 4636: 4633: 4630: 4627: 4624: 4621: 4618: 4615: 4614:John M. Clark 4612: 4609: 4606: 4603: 4600: 4597: 4594: 4591: 4588: 4585: 4582: 4579: 4576: 4573: 4570: 4567: 4564: 4561: 4558: 4557: 4555: 4551: 4544: 4541: 4538: 4535: 4532: 4531:Carl C. Plehn 4529: 4526: 4523: 4520: 4517: 4514: 4511: 4508: 4505: 4502: 4501:Irving Fisher 4499: 4496: 4493: 4490: 4487: 4484: 4481: 4478: 4475: 4472: 4469: 4466: 4463: 4460: 4457: 4454: 4451: 4448: 4445: 4442: 4439: 4436: 4433: 4430: 4429:F. W. Taussig 4427: 4424: 4421: 4420: 4418: 4414: 4407: 4404: 4401: 4398: 4395: 4392: 4389: 4388:John B. 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Roth 3889: 3886: 3882: 3877: 3874: 3870: 3866: 3861: 3858: 3854: 3853:Elinor Ostrom 3849: 3846: 3841: 3838: 3834: 3830: 3825: 3822: 3817: 3814: 3810: 3805: 3802: 3798: 3793: 3790: 3786: 3781: 3778: 3774: 3769: 3766: 3762: 3758: 3753: 3752: 3750: 3746: 3739: 3735: 3730: 3727: 3722: 3719: 3714: 3711: 3707: 3702: 3699: 3695: 3690: 3687: 3682: 3679: 3675: 3671: 3666: 3663: 3659: 3654: 3651: 3646: 3643: 3638: 3635: 3631: 3627: 3622: 3619: 3614: 3611: 3606: 3603: 3598: 3595: 3590: 3587: 3582: 3579: 3578:Richard Stone 3574: 3571: 3570:GĂ©rard Debreu 3566: 3563: 3558: 3555: 3550: 3547: 3542: 3539: 3535: 3530: 3527: 3522: 3519: 3515: 3510: 3507: 3502: 3501: 3499: 3495: 3488: 3484: 3479: 3476: 3472: 3471:Gunnar Myrdal 3467: 3464: 3459: 3456: 3452: 3451:John R. 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Index


Albuquerque
New Mexico
Yale University
BA
MA
Sciences Po
Massachusetts Institute of Technology
PhD
BBVA Foundation Frontiers of Knowledge Award
Nobel Memorial Prize in Economic Sciences
Environmental economics
Yale University
Thesis
A theory of endogenous technological change
Doctoral advisor
Robert Solow
a series
Macroeconomics
Federal Reserve
Aggregate demand
Aggregate supply
Business cycle
CAGR
Deflation
Demand shock
Disinflation
Effective demand
Adaptive
Rational

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