Adapting to Climate Change: Markets and the Management of an Uncertain Future

Matthew E. Kahn's book explores how individual economic choices in response to climate change will transform the larger economy, using microeconomics tools to suggest new ways to ease energy and water shortages and propose informed policy changes.

Format: Hardback
Length: 304 pages
Publication date: 01 June 2021
Publisher: Yale University Press

A groundbreaking exploration of the profound implications of climate change on individual economic decisions and the far-reaching consequences of those choices. Recognized by Publishers Weekly as one of its Top Ten Books in Business and Economics for Spring 2021, this essential work delves into the urgent need for adaptation in the face of a rapidly warming planet. Despite our best efforts to combat climate change, it is evident that we must embrace the transformative changes already underway in our environment. This book takes a deep dive into the intricate interplay between individual economic choices and their impact on the broader economy.

Drawing upon the principles of microeconomics, Matthew E. Kahn examines the intricate ways in which decisions related to our living arrangements, food production, and business location are influenced by climate change. Through insightful analysis, Kahn proposes innovative solutions, such as leveraging big data to alleviate energy and water shortages, supporting agricultural operations, and implementing informed policy changes in areas such as public infrastructure, disaster relief, and real estate to steer land use, transportation options, and business development towards sustainable and resilient practices.

This thought-provoking book serves as a call to action, urging individuals, businesses, and policymakers to recognize the urgency of addressing climate change and to adopt transformative strategies that promote economic growth, environmental sustainability, and social well-being. As we navigate the challenges posed by a changing climate, this book provides valuable insights and practical strategies for making informed decisions that will shape a more resilient and prosperous future for generations to come.

Weight: 616g
Dimension: 166 x 244 x 31 (mm)
ISBN-13: 9780300246711