Stiglitz Versus Cochrane: What Are the Non-Market Quality of Life Impacts of Climate Change?
Environmental and Urban Economics
JULY 16, 2021
John Cochrane recently posted an important blog post sketching out his claim that climate change will only have a small impact on world GNP over the next 75 years. He argues that the trend growth (3% growth for 60 years) will swamp the effect of climate change). As I discuss in my 2010 Climatopolis book, Singapore in recent decades has been highly productive despite the nation's heat and humidity.
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