The Past and Present Climate Impact on Economy


The interplay between climate and economy was one of the topics of the "Economics out Loud" podcast. Wasn’t the entire economic development since ancient times happening under the influence of climate change and hasn’t humanity overestimated its independence from the weather? Natalia Lamberova, a Professor at the University of Texas at Dallas, and Oleg Demidov, NES graduate and co-founder of CarbonSpace, a technology company that monitors greenhouse gas emissions, talked about the history and examples of the impact of climate on the economy; humanity’s ways of adapting to weather changes; climate’s impact on conflicts, institutions and culture; the price that humanity paid for global cooling and may now pay for global warming. There may be no bad weather, but research shows that not all weather is good for economic growth. GURU presents an interview based on the podcast episode.

Thu, 21 December 2023
GURU
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