Bichler, ShimshonNitzan, Jonathan2022-11-012022-11-012018The Nordhaus Racket: How to Use Capitalization to Minimize the Cost of Climate Change and Win a Nobel for ‘Sustainable Growth’. Bichler, Shimshon and Nitzan, Jonathan. (2018). Research Note. 3 November. pp. 1-4. (Article - Working Paper; English).http://hdl.handle.net/10315/39888capitalization climate change discountingThe LA Times called the bluff: William D. Nordhaus won the Nobel prize in economics for a climate model that minimized the cost of rising global temperatures and undermined the need for urgent action. Unfortunately, though, the article missed the nugget in the racket.The Nordhaus Racket: How to Use Capitalization to Minimize the Cost of Climate Change and Win a Nobel for ‘Sustainable Growth’Working Paper