Looking Backward, Looking Forward

This essay discusses three themes of my scholarly life from my student days up to today. They involve technological change, environmental accounting, and energy-climate-economic analysis. These themes have common analytical roots in the economic theory of public goods and encounter thorny issues of governance because of the Westphalian roots of international law and practice. Many of the issues, such as devising measures of natural capital and the need for strengthened international institutions, are just as pressing today as they were during my student days in the 1960s. In writing this, the enduring insight is that hindsight is the best foresight.

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Publication Details

Journal
Annual Review of Resource Economics
Published
2024-10-07
DOI
https://doi.org/10.1146/annurev-resource-112223-091502
Citations
1
Primary Topic
Climate Change Policy and Economics
Type
article
Field-Weighted Citation Impact
1.13
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article

Looking Backward, Looking Forward

William D. Nordhaus
1 citations
Annual Review of Resource Economics
Climate Change Policy and Economics
1.13
article

Looking Backward, Looking Forward

William D. Nordhaus
article en
1 citations

Abstract

This essay discusses three themes of my scholarly life from my student days up to today. They involve technological change, environmental accounting, and energy-climate-economic analysis. These themes have common analytical roots in the economic theory of public goods and encounter thorny issues of governance because of the Westphalian roots of international law and practice. Many of the issues, such as devising measures of natural capital and the need for strengthened international institutions, are just as pressing today as they were during my student days in the 1960s. In writing this, the enduring insight is that hindsight is the best foresight.

Annual Review of Resource EconomicsVol. 16(1)
Yale University (US)
Climate action
Openalex Percentile: Top 11%
Climate Change Policy and Economics
1.13
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Looking Backward, Looking Forward — William D. Nordhaus · Annual Review of Resource Economics (2024) | TGRS Research Map | TGRS