That... may be an even worse interpretation. You know what economists are most known for, right? It's jumping into realms we don't know and making naive models we were trained on and pretending they have meaning in contexts we don't have a clue about.
Which brings us back to Nordhaus and the climate. Climate scientists are rightfully pissed because of this armchair theory and people listening to it.
@jackofalltrades @lienrag @phiofx @phil_stevens @GeofCox @504DR @gerrymcgovern