GoKawiilYale economist William Nordhaus, climate economics pioneer, dies
William Nordhaus, the Yale economist who created the DICE model for analyzing the economics of climate change starting in the 1970s, has died. He also co-authored the long-running textbook 'Economics' with Paul Samuelson and held numerous advisory and leadership roles, including on the Federal Reserve Bank of Boston's board and the President's Council of Economic Advisers.
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Nordhaus's modeling work helped establish the economic framework still used to debate climate policy, including carbon pricing. His career also shaped how generations of students learned introductory economics through his textbook, suggesting his influence will persist well beyond his death.
- Nordhaus developed the DICE model, foundational to climate change economics research.
- He co-authored and later led revisions of the widely used textbook 'Economics' after Samuelson's death.
- He held major advisory roles including at the Federal Reserve Bank of Boston and the President's Council of Economic Advisers.
William Nordhaus Economics Textbook — This classic textbook, co-authored by Nordhaus himself, has introduced generations of students to economic principles and remains a foundational resource. Owning a copy is a fitting way to engage with his intellectual legacy and understand the economic frameworks he helped shape, including his pioneering work on climate change economics.
See William Nordhaus Economics Textbook on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: news.yale.edu — Penelope Laurans, 2026-10-31
Published there as: “William Nordhaus has died”
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