…In2018, Nordhaus got the Nobel Memorial Prize in Economic Sciences – run by the Swedish central bank – after concluding in 1991 that climate change won’t affect the economy too much because it mostly happens *indoors* (https://www.localfutures.org/when-idiot-savants-do-climate-science/)
And US financiers will brush off the shit that happens *outdoors* as opportunities for growth.
Easy to turn a lose lose situation into win win when money is untethered from physical reality
Local Futures · When Idiot Savants Do Climate Science by Christopher KetchamBlog 'When Idiot Savants do Climate Science' by Christopher Ketcham: William Nordhaus, who turned 82 this year, was...