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Why has climate economics failed us? - by Noah Smith

noahpinion.blog · 4,293 words · saved by 1 readers

Economists could have helped in the fight against climate change. So far, they haven't.

Ezra Klein has an excellent post at the New York Times on the politics of Bidenomics. This part really caught my eye: Biden has less trust in economists, and so does everyone else… Multiple economists, both inside and outside the Biden administration, told me that this is an administration in which economists and financiers are simply far less influential than they were in past administrations… The backdrop for this administration is the failures of the past generation of economic advice. Fifteen years of financial crises, yawning inequality and repeated debt panics that never showed up…

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