Nordhaus on philosophy in climate change economics

Laurent Jodoin ()
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Laurent Jodoin: Interuniversity Research Center on Science and Technology (CIRST), the University of Montreal (Canada) and Econoler

The Journal of Philosophical Economics, 2020, vol. 13, issue 2, 81-90

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.

Keywords: Nordhaus; climate change economics; normativity; ethics; discounting (search for similar items in EconPapers)
JEL-codes: Q01 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:bus:jphile:v:13:y:2020:i:2:n:3

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