26 Facts About William Nordhaus

William Dawbney Nordhaus was born on May 31,1941 and is an American economist.

William Nordhaus was a Sterling Professor of Economics at Yale University, best known for his work in economic modeling and climate change, and a co-recipient of the 2018 Nobel Memorial Prize in Economic Sciences.

William Nordhaus graduated from Phillips Academy in Andover and subsequently received his BA and MA from Yale in 1963 and 1972, respectively, where he was a member of Skull and Bones.

William Nordhaus holds a Certificate from the Institut d'Etudes Politiques and a PhD from MIT.

William Nordhaus has been a member of the faculty at Yale since 1967, in both the Economics department and the School of the Environment.

William Nordhaus served as its Provost from 1986 to 1988 and its vice president for finance and administration from 1992 to 1993.

William Nordhaus has been on the Brookings Panel on Economic Activity since 1972.

William Nordhaus was elected to the American Philosophical Society in 2013.

William Nordhaus served as the chairman of the board of directors of the Federal Reserve Bank of Boston between 2014 and 2015.

Originally a project of Samuelson's alone, William Nordhaus worked on the textbook from the 12th edition until the 19th, starting in 1985.

William Nordhaus has written several books on global warming and climate change, one of his primary areas of research.

William Nordhaus is known for his critique of current measures of national income.

William Nordhaus is the developer of the DICE and RICE models, integrated assessment models of the interplay between economics, energy use, and climate change.

William Nordhaus takes seriously the potentially catastrophic impacts of climate change.

In 2007, William Nordhaus, who has done several studies on the economics of global warming, criticized the Stern Review for its use of a low discount rate, writing,.

In 2013, William Nordhaus chaired a committee of the National Research Council that produced a report discounting the impact of fossil fuel subsidies on greenhouse gas emissions.

In 2015, William Nordhaus published an article promulgating his concept of a "climate club".

William Nordhaus asserted that he was not alone in making this assessment, claiming that half of the simulations arrived at the same conclusion.

William Nordhaus remarked that the two-degree target was set without reference to the costs of meeting the target.

William Nordhaus has been a foreign member of the Royal Swedish Academy of Engineering Sciences since 1999.

William Nordhaus was awarded the Daniel Patrick Moynihan Prize by the American Academy of Political and Social Science in 2020.

In 2013, William Nordhaus became president-elect of the AEA, and served as the association's president between 2014 and 2015.

William Nordhaus was awarded the Nobel Memorial Prize in Economic Sciences in 2018, which he shared with Paul Romer.

William Nordhaus' model is widely spread and is used to simulate how the economy and the climate co-evolve.

Many of the news outlets that reported on William Nordhaus's prize noted that he was in the early wave of economists who embraced a carbon tax as a preferred method of carbon pricing.

William Nordhaus's model is used to examine the consequences of climate policy interventions, for example carbon taxes.