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mburnamfink 's review for:
Catastrophe: Risk and Response
by Richard A. Posner
One sentence review: cost-benefit analysis should be used for everything.
Second sentence review: because it means you can avoid real policy analysis by reducing everything to money at the highest levels and telling somebody else to do the important work.
Third sentence review: if every economics department in the country were to catch on fire, would anybody care?
Second sentence review: because it means you can avoid real policy analysis by reducing everything to money at the highest levels and telling somebody else to do the important work.
Third sentence review: if every economics department in the country were to catch on fire, would anybody care?