The Climate Casino: Risk, Uncertainty, and Economics for a Warming World

By William D. Nordhaus

Categories: Politics & Social Sciences, Science & Math

Yale economist William Nordhaus explains the science, economics and politics of climate change in accessible terms. He describes the risks of a warming world as a casino in which we are rolling dangerous dice, and examines effects on farming, health, oceans and ecosystems. Nordhaus argues for carbon pricing as the most effective policy and explains how to balance the costs and benefits of action.

Recommended by 1 person

• Shane Parrish: “We’re rolling the dice according to economist William Nordhaus. There is still time of course to back out of this deal with the devil. I’m sure there are better books out there on the subject, but I’m largely unfamiliar with it, so this was a good starting point”