Top 4 Quotes by William Nordhaus

An economist is a scoundrel who tells you the way things are rather than the way you want them to be.

An economist is a scoundrel who tells you the way things are rather than the way you want them to be.

Want, Way, Scoundrels

Attempts to estimate the impacts of climate change continue to be highly speculative.

Impact, Kyoto Protocol, Climate

William D. Nordhaus, Joseph Boyer (2003). “Warming the World: Economic Models of Global Warming”, p.98, MIT Press

Sensible policies on global warming should weight the costs of slowing climate change against the benefits of slower climate change. Ironically, recent policy initiatives, such as the Kyoto Protocol of 1997, have been introduced without any attempt to link the emissions controls with the benefits of the lower emissions.

William Nordhaus

Kyoto Protocol, Benefits, Weight

William D. Nordhaus, Joseph Boyer (2003). “Warming the World: Economic Models of Global Warming”, p.69, MIT Press