Climate Change Economics the right way and the fraudulent way

This is a talk I gave to students at Vrije Universiteit in Amsterdam yesterday--where Richard Tol has a fractional appointment. It's probably the most impassioned speech I have given on this topic to date. The more I delve into mainstream climate change economics, the more ludicrous attempts I find to reach a pre-ordained view that climate change is no big deal. One of my patrons put this very well:

"Tol and Nordhaus, in my view, quite obviously reasoned backwards from a minimalist conclusion and sewed up their data to make it fit. The IPCC did the same thing to create their risk evaluations."

Minsky can be downloaded from The Minsky files used in this presentation are embedded in the Powerpoint file, which can be downloaded from

Climate Change,Nordhaus,