Econ 461 Final - Cass Sunstein, who is currently working...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Cass Sunstein, who is currently working for the Obama administration, argues in his book, Risk and Reason , that the United States government should use cost-benefit analysis in determining which fields should be regulated. Sunstein rambles on for over 200 pages about the benefits of cost-benefit analysis in social regulation, and why our current regulatory practices are both economically and socially irresponsible. Sunstein, however, makes many bold claims without actually stating in detail why exactly his strategies will be more successful than current practices, and supports his argument with questionable data from some-what questionable sources. Sunstein claims that by using cost-benefit analysis in environmental protection we could save billions of dollars and thousands of lives a year. However, that is all they are, claims. Sunstein does not explain how we would save money or lives. He cites fellow economic scholars, but does not prove, or even attempt to explain their expertise in this matter. Sunstein, however, is not
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 10/11/2010 for the course ECON 461 taught by Professor Shannon during the Spring '10 term at University of Maryland Baltimore.

Page1 / 2

Econ 461 Final - Cass Sunstein, who is currently working...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online