Nordhaus has been writing for four decades about climate change and the value of using prices to reduce carbon emissions. Sir Angus Stewart Deaton FBA (born 19 October 1945) is a British-American economist and academic. Nordhaus calculated the impacts of climate change. The award was of particular interest to me because back in 2009 I published an article in The Independent Review offering a thorough analysis and critique of his Dynamic Integrated Model of Climate and the Economy (DICE). Americans William Nordhaus and Paul Romer won the 2018 Nobel Economics Prize for work in integrating climate change and technological innovation into …

Nordhaus received the prize "for integrating climate change into long-run macroeconomic analysis".

A Few Things You Probably didn’t Know about William Nordhaus, Winner of the Nobel Prize in Economics. Yale University professor William Nordhaus was named a co-recipient of this year’s Nobel (Memorial) Prize in economics for his work on climate change. William D. Nordhaus and Paul M. Romer received the 2018 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. The “base case” scenario of “The Limits to Growth” 1972 report to the Club of Rome. William Nordhaus ’63 B.A., ’72 M.A., Sterling Professor of Economics at Yale University and the world’s leading economist on climate change, has been awarded the 2018 Sveriges Riksbank Prize in Economic Sciences for “integrating climate change into long-run macroeconomic analysis.” The second was that Yale professor William Nordhaus shared the Nobel Prize for economics for his pathbreaking work on carbon pricing. William Nordhaus and Paul Romer have been awarded the 2018 Sveriges Riksbank Prize in Economic Sciences (colloquially known as the economics Nobel). Prize winners William Nordhaus and Paul Romer studied long-term economic growth.

William Dawbney Nordhaus (born May 31, 1941) is an American economist and Sterling Professor of Economics at Yale University, best known for his work in economic modeling and climate change.He is one of the laureates of the 2018 Nobel Memorial Prize in Economic Sciences. This paper surveys Nordhaus’ contributions on “integrating climate change into long‐run macroeconomic analysis”, for which he was recognized with this Prize.

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