William Nordhaus: Difference between revisions

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Steve Keen, the heterodox economist, criticises the economics of climate change:
"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 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."<ref>{{Cite journal|last=Keen|first=Steve|date=2020-09-01|title=The appallingly bad neoclassical economics of climate change|url=http://www.tandfonline.com/doi/full/10.1080/14747731.2020.1807856?scroll=top&needAccess=true|journal=Globalizations|volume=18 |issue=7 |pages=1149–1177|doi=10.1093/reep/rer006|issn=1750-6816}}</ref>
 
==Publications==
 
==References==