He said in an interview: “Solutions and investments need to come from a combination of communities, businesses, and state and local governments. Top-down solutions won’t work, and the federal government will not bail these cities out. The solutions to the problems in each of these cities will be home-grown and unique, although they may share some commonalities. However, the federal government can play a role in coordinating cooperation and resources across state and local governments to ensure that they are not engaging in a zero-sum game.”
The other Kahn book – authored solely by him and scheduled for publication March 30, 2021, by Yale University Press – is Adapting to Climate Change: Markets and the Management of an Uncertain Future. Through the lens of microeconomics, Kahn considers how big data might be used to help the larger economy respond productively to the alarming changes wrought by climate change.
Topic areas discussed in the book include energy and water shortages, agricultural operations, public infrastructure, disaster relief, land use, transportation, and business development.
Adapting to Climate Change has been chosen by Publishers Weekly as one of its Top Ten books in Business and Economics for spring 2021.