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I was tasked with reading this for a class on environmental policy to inform us about the methods of risk analysis and cost-benefit analysis. I certainly found some issues with Ackerman's seeming hatred for cost-benefit analysis in a general sense, as well as his seeming vendetta against former EPA Deputy Administrator John Graham. However, much of the information provided has given me a better sense of how to value life in both quantitative and qualitative ways that are persuasive to individual...
Scathing review of environmental economists. Insightful but often hyperbolic statements about the work of economists.
This book was dry as hell, repetitive and, in a baffling attempt to appeal to the general public, simplified its arguments beyond usefulness to the actual issues. The bias, while I agree with it, against the office of management caused the authors to make sometimes sweeping generalizations without proof and then used these in the arguments. And the only real alternative they laid out was to "think about it" and use a system that doesn't monetize everything. Well, duh. But what? They laid out no
A good critique of cost-benefit analyses in health and environmental regulation, which the authors see as a right-wing effort to gut regulatory efforts. The authors make no bones about not buying cost-benefit as the right basis, but also point out flaws such as systems that count regulations that preserve old people as less sound that protecting kids (“We don’t base our punishment of murder on how many years the victim had to live.”), outright distortion (“This list of supposedly insane regulati...
The other end of the spectrum from the Risk and Reason book I just read. This one attacks cost-benefit evaluations in environmental law. This one definitely added that piece I felt was missing from Risk and Reason: some things truly are priceless and should not be quantified or monetized. However, I felt this book lacked the hard core research/science that the other book had. If a book could combine Risk and Reason's persuasion and preciseness with Priceless's morals, it would be a pretty good d...
Some pretty interesting critiques of the cost-benefit analysis that permeates the world we live in. I agree with the author but it's nothing really new to me. I think I've been reading too much in this area. I definitely recommend it though. It's a very easy read and a very important one. How can you place a price on something that has infinite value?
Only about 50 pages into this, but I really really wish I had ready this BEFORE I went to grad school.
econ assignment.very interesting and very well written. nice explanations, solid examples. i'm so glad i get to read this alongside my textbook (which is fantastically boring)
A useful and common sense-filled run at the prevailing economic orthodoxy.
I read the first chapter for ENSP102 at UMD and found it interesting. I'd like to learn more about economics in general and environmental economics in particular after reading it.