Economic Progress

They won this year’s Nobel for economics. Here’s why their work matters

William D. Nordhaus, a professor at Yale University, in his backyard after winning the 2018 Nobel Economics Prize, at his home in New Haven, Connecticut, U.S. October 8, 2018.

Yale professor William Nordhaus, who along with NYU professor Paul Romer has been awarded this years' Nobel prize for economics Image: REUTERS

Simon Brandon
Journalist, freelance
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 How four carbon tax policies will affect future CO2 emissions, according to William Nordhaus' models
How four carbon tax policies will affect future CO2 emissions, according to William Nordhaus' models Image: The Royal Swedish Academy of Sciences
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