The Climate Casino
- 392 pages
- 14 hours of reading
The world's leading economic thinker on climate change analyzes the economics and politics of the central environmental issue of today and points the way to real solutions
Nordhaus William D Books
William Nordhaus is a celebrated economist whose pioneering work integrated long-run macroeconomic analysis with the issue of climate change. He developed a quantitative model of the global interplay between the economy and climate, used to examine the consequences of climate policy interventions like carbon taxes. His research illuminates the complex relationships between society, the economy, and the environment. His insights and models continue to shape discussions on sustainable economic development.
The 14th editon of this text is based on the results of extensive research and features some major changes. Microeconomics is now covered before macroeconomics to encourage the concepts of microeconomic foundations. There is a focus on rediscovering the power of the market, giving special attention to the changes in Eastern Europe. The book places emphasis on the open economy with continued increase in global economics and the interaction between international trade and domestic economic events. It aims to present a balanced treatment of all the major schools of modern macroeconomic theories, using real world experiences and policies to illustrate the fundamentals of economic principles.
