"After Nobel in Economics, William Nordhaus Talks About Who’s Getting His Pollution-Tax Ideas Right: A few governments — notably, parts of Canada and South Korea — have adapted his ideas in ways that frame them as a financial windfall for taxpayers." https://www.nytimes.com/2018/10/13/climate/nordhaus-carbon-tax-interview.html The New York Times. Oct. 13, 2018.
“Carbon prices must be raised to transmit the social costs of GHG emissions to the everyday decisions of billions of firms and people.”
A Question of Balance: Weighing the Options on Global Warming Policies (2008), p. 168
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William D. Nordhaus 4
American economist 1941Related quotes
"Imperial climate experts respond to IPCC's Fifth Assessment Report" https://www.imperial.ac.uk/news/161770/imperial-climate-experts-respond-ipccs-fifth/, Imperial College London (November 3, 2014)
Source: Debunking Economics - The Naked Emperor Of The Social Sciences (2001), Chapter 4, Size Does Matter, p. 101
From The 5-Minute Interview http://www.independent.co.uk/news/people/profiles/the-5minute-interview-paul-smith-singer-446775.html
“If a tax on malt would raise the price of beer, a tax on bread must raise the price of bread.”
Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter XVII, Taxes on Other Commodities, p. 168
On India's carbon emissions, as quoted in " India's Carbon Emission may Increase as it Grows: Javadekar http://www.newindianexpress.com/nation/Indias-Carbon-Emission-may-Increase-as-it-Grows-Javadekar/2014/06/18/article2286148.ece, The New Indian Express (18 June 2014)
2016, Interview with CNBC's John Harwood (August 22, 2016)
“The price system transmits only the important information and only to the people who need to know.”
Source: Free to Choose (1980), Ch. 1 "The Power of the Market", 15
Source: 1930s-1950s, "The Nature of the Firm" (1937), p. 404
Source: "Price and production policies of large-scale enterprise," 1939, p. 62