New Books in Economics cover image

Simon Sharpe, "Five Times Faster: Rethinking the Science, Economics, and Diplomacy of Climate Change" (Cambridge UP, 2023)

New Books in Economics

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The Importance of Investing in Clean Technologies

The economy as a machine versus the economy as an ecosystem leads to very different reconceptions of risk and reward, he says. "If you just tax the old technologies at the beginning of that transition, nothing really happens" Investing in clean technologies targeted investment like subsidies is 'incredibly powerful'

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