Alva Review-Courier -

2 Americans win econ Nobel for work on climate and growth

 

October 7, 2018



STOCKHOLM (AP) — Just a day after a United Nations panel called for urgent action on climate change, the Nobel Prize in economics was awarded Monday to one American researcher for his work on the economics of a warming planet and to another whose study of innovation raises hopes that people can do something about it.

The Royal Swedish Academy of Sciences awarded the $1 million prize Monday to William Nordhaus of Yale University and to Paul Romer of New York University.

Nordhaus, 77, who has been called "the father of climate-change economics," developed models that suggest how governments...



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