Paul Krugman says we’re Gambling with Civilization

Yale Economist Professor William Nordhaus

Yale Economist Professor William Nordhaus

In this eminently readable 9 page Essay, Paul Krugman, American economist & Professor of Economics and International Affairs at  Princeton University, reviews a new book The Climate Casino: Risk, Uncertainty, and Economics for a Warming World by another famous US Economist William B. Nordhaus, Professor of Economics at Yale University.

Krugman’s overview is clear and compelling.  He provides an insightful, objective and thoroughly interesting overview (and context) of this very substantial work by Nordhaus, his one time Yale supervisor and mentor.

It’s a must read primer if you want to know more about the big picture economic & societal implications of climate change; and the dramatic consequences if we avoid decisive action to manage it.  

By Andy Bodsworth

 

 

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