July 1st, 2014

World Congress of Environmental and Resource Economists

Istanbul

Ensia

Pay Now or Pay More Later

Economics is largely just organized common sense, and it doesn’t get much more common sense than benefit-cost analysis.

Financial Times

Climate change, in the end, is a risk management problem. A lot of it has to do with buying insurance against worst-case outcomes.

The New York Times

We know enough to act now. What we don’t know should prompt us to even more decisive action.

Wall Street Journal

Fat tails usually don't happen. This week, one did.

European Financial Review

You can bail out AIG, Greece, or even the United States. You can’t bail out the planet.