Nobel laureate William Nordhaus on measuring the economy and the environment

On Monday, the Royal Swedish Academy of Sciences awarded the 2018 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to William Nordhaus “for integrating climate change into long-run macroeconomic analysis” and to Paul Romer “for integrating technological innovations into long-run macroeconomic analysis.” While the Academy recognized Nordhaus for his analysis of the …
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