Comment 130068

By PGFontana (registered) | Posted June 30, 2019 at 05:32:22 in reply to Comment 130026

from William Nordhaus, Nobel prize winner for Economics (2018)

Models are difficult to formulate, as Nordhaus quickly acknowledges when discussing his computer exercises when looking into the implications of climate tipping points.He emphasizes the ASSUMPTIONS he makes...

"...are at the outer limit of what seems plausible and have NO SOLID BASIS IN EMPIRICAL ESTIMATES OF DAMAGES"

This is what happens when economists pretend to be scientists.

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