By: Faraz Ahmed Chandio Published on : 2nd July 2024 What happens to an economy when it is hot outside? Globally, record-breaking temperatures have been witnessed in the past few years. Evidence shows that heat waves dampen economic output, causing GDP losses and exacerbating further global inequality. Similarly, projections for the US economy show that rising temperatures could reduce economic growth by up to one-third over the next century. Nonetheless, the assumption