Nordhaus on philosophy in climate change economics
Nordhaus on philosophy in climate change economics
Author(s): Laurent JodoinSubject(s): Philosophy, Social Sciences, Economy, Special Branches of Philosophy, Sociology, Philosophy of Science, Social Theory, Socio-Economic Research
Published by: Editura Rosetti International
Keywords: Nordhaus; climate change economics; normativity; ethics; discounting;
Summary/Abstract: 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.
Journal: Journal of Philosophical Economics
- Issue Year: XIII/2020
- Issue No: 2
- Page Range: 81-90
- Page Count: 10
- Language: English