Externalities: PHIL 51—Scientific Reasoning

PHIL 51—Scientific Reasoning

Week 1

Externalities.
What this term means in economics
How it relates to climate change
Why it is a difficult problem to solve
How economists think externalities should be dealt with, on a policy level
Cost-benefit analysis. What the term means, the role it plays in Nordhaus’ approach to climate policy
Carbon tax. What it is and why Nordhaus thinks it’s a good idea
International action on climate change.
Why most international agreements in the past have failed
Climate club. What it is and why Nordhaus thinks it’s a good idea
The tragedy of the commons. Be able to explain what this perspective on climate change, and some of the reasons that Gardiner and Obst think it is not an adequate perspective.
The perfect moral storm.
What Gardiner and Obst mean by the term
What each of the component storms is
Skewed vulnerabilities. What the term means an what it has to do with climate change
The tyranny of the contemporary. What the term means an what it has to do with climate change
The tyranny of humanity. What the term means an what it has to do with climate change
Moral corruption. What the term means and what it has to do with climate change

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