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William D. Nordhaus

Publications

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science book

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“Harry Truman complained that his two-handed advisers were always saying, ‘On the one hand, on the other hand.’ My suggestion for a carbon tax is a one-handed proposal.”
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William D. Nordhaus (Carbon Taxes, 2010)
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“There are some beneficial taxes. These would be taxes on bads, which can substitute for taxes on goods.”
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William D. Nordhuas (The Spirit of Green, 2021)
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“Is growth obsolete? We think not. Although GDP is an imperfect measures of welfare, the broad picture of secular progress which it conveys remains after correction of the most obvious deficiencies.”
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William D. Nordhaus (Is Growth Obsolete, with James Tobin)
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“Green taxes are the holy trinity of environmental policy: they suppose valuable public services, meet environmental objectives efficiently, and improve efficiency.”
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William D. Nordhaus (The Spirit of Green, 2021)
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“As the world learned from the Carthaginian peace that settled World War I, the cost of a botched peace in Iraq may be even higher than the price of a bloody war.”
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William D. Nordhaus (War with Iraq, 2003)
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“To a first approximation, the economic value of increases in longevity in the last 100 years is about as large as the value of measured growth in non-health goods and services.”
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William D. Nordhaus (The Health of Nations, 2005)
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“One of the oldest battles in economic growth involves the struggle between advances in technology and the drag from population and resource exhaustion.”
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William D. Nordhaus (The Limits to Growth Revisited, 1992)
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“There is basically is no alternative to a market solution for climate change. The reason is that the people who are going to solve our environmental problem are you, me, and seven billion other people.”
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William D. Nordhaus (The Climate Casino, 2005)
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“At its core, economics is the science of choice.”
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William D. Nordhaus (Economics, with Paul Samuelson)

Photos

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cover about the auuthors
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Merlin
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Cline
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Roman candles
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White House Conference on the New Economy