Nordhaus on philosophy in climate change economics

Nordhaus’ contribution to climate change economics is well-known and, for many, praiseworthy. But his refusal to acknowledge his normative stances is philosophically problematic. This article explores his arguments about philosophy in the economics of climate change found in his review of the Stern’...

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Bibliographic Details
Published inThe journal of philosophical economics Vol. XIII; no. 2; pp. 81 - 90
Main Author Jodoin, Laurent
Format Journal Article
LanguageEnglish
German
Published Rosetti International Publishing House 01.11.2020
Editura Rosetti International
Editura ASE Bucuresti
Subjects
climate change economics
discounting
Economy
ethics
nordhaus
normativity
Philosophy
Philosophy of Science
Social Sciences
Social Theory
Socio-Economic Research
Sociology
Special Branches of Philosophy
normativity
Nordhaus
climate change economics
ethics
discounting
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Summary:Nordhaus’ contribution to climate change economics is well-known and, for many, praiseworthy. But his refusal to acknowledge his normative stances is philosophically problematic. This article explores his arguments about philosophy in the economics of climate change found in his review of the Stern’s Review (2007). It concludes that Nordhaus nonetheless relies on normative, ethical assumptions, whose oversight hinders the finding of a solution to the problems he tries himself to solve.
ISSN:1843-2298
1844-8208