Skull and Bones Member William D. Nordhaus Wins Nobel Prize in Economics For " Integrating Climate Change Into Maco-Economic Analysis"

As you can imagine Mr. Nordhaus isn't a fan of the gold standard and limited government. Norhaus is the co-author of one of the most influential economic textbooks since the Second World War.

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BREAKING NEWS: ⁰The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2018 to William D. Nordhaus and Paul M. Romer. #NobelPrize pic.twitter.com/xUs6iSyI7h

— The Nobel Prize (@NobelPrize) October 8, 2018

Laureate William Nordhaus’ research shows that the most efficient remedy for problems caused by greenhouse gas emissions is a global scheme of carbon taxes uniformly imposed on all countries. The diagram shows CO2 emissions for four climate policies according to his simulations. pic.twitter.com/tmxUE6MiLn

— The Nobel Prize (@NobelPrize) October 8, 2018