Isophoric

Isophoric News · Tuesday, November 3, 2026

Economy — Markets

William Nordhaus, the Yale economist who won the 2018 Nobel for work on climate change, died Oct. 30 at 85

By D. Marlowe · November 3, 2026 · First reported October 31, 2026 · Edited by C. Fletcher

William D. Nordhaus, Sterling Professor of Economics, Emeritus, at Yale, who shared the 2018 Nobel Prize in Economics for integrating climate change into long-run macroeconomic analysis, died Oct. 30 at age 85, Yale News reported in its announcement on Oct. 31. Yale said he died following a battle with glioblastoma, an aggressive brain cancer. His best-known work was the DICE (Dynamic Integrated Climate-Economy) model, which Yale said he used to show that a carbon tax can reduce emissions efficiently and to estimate its optimal level. He arrived at Yale as an undergraduate in 1959, joined its faculty after graduate school at MIT, and served as provost from 1986 to 1988, according to the announcement. He was also a member of the President's Council of Economic Advisers and president of the American Economic Association, and co-authored the textbook "Economics" with Paul Samuelson from 1985, Yale said.

William Nordhaus, an older man with white hair and dark-rimmed glasses, wearing a dark suit and a blue tie, speaks with one hand raised.
William Nordhaus, an older man with white hair and dark-rimmed glasses, wearing a dark suit and a blue tie, speaks with one hand raised. Bengt Nyman, CC BY 2.0, via Wikimedia Commons · CC BY 2.0 · Original

Source

More Economy — Markets news →