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Time is God’s Way

You haven't heard the last of Martin Weitzman

Posted in Climate, Contemporary economics Tagged with: , , ,

At first glance, it might have seemed anticlimactic, even crushing.  The two young men had arrived together at the Massachusetts Institute of Technology in 1964, one from Swarthmore College, the other from Yale University. They completed their graduate studies three years later and, as assistant professors, taught together at Yale for the next five years. Then one returned to MIT and later moved to Harvard University, while the Yalie remained in New Haven. For the next dozen years, they worked on different problems, one on resource economics, the other on economies in which profit-sharing. as opposed to wages, would be the