Gernot Wagner: Climate Change and New Models of Growth 3/6

The video discusses the effectiveness of old economic paradigms, emphasizing that politics, not lack of economic thinking, hinders progress. It highlights the Clean Air Act's positive impact on GDP and productivity, showing significant economic benefits. The video also examines consumer behavior regarding fuel-efficient cars and the influence of politics on gasoline tax decisions.

What new insight or understanding did you gain from this video?