Full Title: How Economics Can Tackle the ‘Wicked Problem’ of Climate Change
Author(s): Joseph Stiglitz, Scott Barrett, and Noah Kaufman
Publisher(s): Institute of Global Politics
Publication Date: January 19, 2024
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Description (excerpt):
Addressing the harmful effects of climate change requires an understanding of economic tradeoffs, the politics of policymaking, and the strategy of diplomacy. While early prescriptions for climate solutions focused on idealistic “optimal” policies and all-encompassing global treaties, a more nuanced and realistic vision for climate progress has emerged. As befits a “wicked problem,” a wide range of policies and insights from across scientific disciplines are needed to promote collective action, reduce emissions, and help the world achieve a more sustainable future.