by Nicholas Stern
- In the last twenty years economics has created much of lasting value and real potential: it has been a very fertile period. But economics has also suffered from what I shall term "collective amnesia" covering whole areas of public policy. I use the example of climate change to illustrate some of the consequences of the amnesia, as well as of the political influence.
Stern, N. (2009). "Imperfections in the Economics of Public Policy, Imperfections in Markets, and Climate Change." FEEM Working Papers No. 106.09, Nov 2009.
November 22, 2009
Imperfections in the Economics of Public Policy, Imperfections in Markets, and Climate Change
Labels:
Climate Policy,
Economic Theory,
Mitigation
