"The most important event of the second half of the 20th century is one that didn't happen." - Tim Harford quotes Thomas Schelling in an introduction to his work.
An unstated question, but ones that presumably occupies Schelling's fellow prize winner and others, is whether uncertainty about the use of nuclear weapons in the Middle East enhances or reduces stability.
Harford also notes:
"Schelling has involved himself in the debate on climate change. Often painted as a straightforward sceptic, his views are far more subtle. A short essay he wrote in 2002 for Foreign Policy argued for immediate action ..., but he also – as always – looked at the problem with fresh eyes, emphasising the fact that the climate change debate was fundamentally an argument about sharing costs and benefits."
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