May
13
How Does Applied Microeconomic Research Accelerate Climate Change Adaptation?
In May 2021, I am quite aware that I am now an "old guy" in the academic economics profession. While this has obvious costs, it offers at least one benefit. I can blog and offer "big thoughts".
With that preamble, let's begin. We face a serious climate change adaptation challenge. How does economics research inform our path forward? I encounter such pessimism among the young about their future. They are wrong to doubt the ability of our society to continue to flourish in the face of climate change. Capitalism offers tremendous potential for coping with emerging risks. This is the main theme of my new 2021 Yale University Press book. Competition to remain resilient protects all of us.
With that preamble, let's begin. We face a serious climate change adaptation challenge. How does economics research inform our path forward? I encounter such pessimism among the young about their future. They are wrong to doubt the ability of our society to continue to flourish in the face of climate change. Capitalism offers tremendous potential for coping with emerging risks. This is the main theme of my new 2021 Yale University Press book. Competition to remain resilient protects all of us.
