As a Nobel Prize winner, Dr. Arrow is one of the world’s most respected economists and has consistently been at the forefront of new and creative approaches to understanding societal issues and systems. Previous grants have supported his development of a comprehensive reformulation of the concept of wealth that includes not only financial assets, but also physical health, environmental factors, and psychological well-being. This grant would support further research concerning two important environmental topics: the depletion of natural resources and externalities induced by climate change. For example, research to date on the measurement of wealth vis-à-vis sustainability has been backward-looking; Dr. Arrow will explore the possibility of using current and past data to extrapolate into the future.
About the Grantee
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Grants to this Grantee
for a new paradigm for utility wildfire safety in California
The Stanford Woods Institute for the Environment’s mission is to produce breakthrough environmental knowledge and solutions that sustain people and planet today and for generations to come. This grant supports the institute’s ability to identify more effective utility wildfire safety solutions in California, which is critical to achieving both wildfire resilience and climate goals. (Substrategy: Wildfire)
for the Toward a World Free of Nuclear Weapons project
Former secretary of state George Shultz’s Toward a World Free of Nuclear weapons project has renewed and catalyzed worldwide interest in reestablishing the vision of, and taking steps toward, significant reductions in global nuclear arsenals and their ultimate elimination. In the coming year, Secretary Shultz, renowned physicist Sidney Drell, and former Ambassador James Goodby plan to enlist the support of countries that have nuclear weapons capabilities and those that are potential nuclear weapon states to encourage step-by-step progress toward a reduction in the role of nuclear weapons worldwide. Such steps could include beginning joint aerial monitoring for nuclear weapons testing and developing methods to encourage active participation of the nine nuclear weapons states in accelerating disarmament.
for the Woods Institute Leopold Fellowship
This grant to the Woods Institute at Stanford University would provide communication training to outstanding scientists working in a broad range of environmental fields. The goal is to impart the skills necessary for scientists to translate their knowledge in non-academic settings in a manner that is understandable to decision makers, media, and the public.