{"product_id":"the-costbenefit-revolution","title":"The Cost-Benefit Revolution","description":"\u003cp\u003eWhy policies should be based on careful consideration of their costs and benefits rather than on intuition  popular opinion  interest groups  and anecdotes. Opinions on government policies vary widely. Some people feel passionately about the child obesity epidemic and support government regulation of sugary drinks. Others argue that people should be able to eat and drink whatever they like. Some people are alarmed about climate change and favor aggressive government intervention. Others dont feel the need for any sort of climate regulation. In The Cost-Benefit Revolution  Cass Sunstein argues our major disagreements really involve facts  not values. It follows that government policy should not be based on public opinion  intuitions  or pressure from interest groups  but on numbersmeaning careful consideration of costs and benefits. Will a policy save one life  or one thousand lives? Will it impose costs on consumers  and if so  will the costs be high or negligible? Will it hurt workers and small businesses  and  if so  precisely how much? As the Obama administrations regulatory czar  Sunstein knows his subject in both theory and practice. Drawing on behavioral economics and his well-known emphasis on nudging  he celebrates the cost-benefit revolution in policy making  tracing its defining moments in the Reagan  Clinton  and Obama administrations (and pondering its uncertain future in the Trump administration). He acknowledges that public officials often lack information about costs and benefits  and outlines state-of-the-art techniques for acquiring that information. Policies should make peoples lives better. Quantitative cost-benefit analysis  Sunstein argues  is the best available method for making this happeneven if  in the future  new measures of human well-being  also explored in this book  may be better still.\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":44946689949749,"sku":"ByrdShop_0262038145","price":27.73,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9780262038140.jpg?v=1769961242","url":"https:\/\/atxbooks.com\/products\/the-costbenefit-revolution","provider":"ATX Books","version":"1.0","type":"link"}