Economics

It is Time to Reclaim the Public Interest

It is Time to Reclaim the Public Interest

As we rush towards possibly environmentally damaging projects or other get-someone-rich-quick schemes we need to make sure we are doing so with our eyes wide open. Cost Benefit Analysis reduces all dimensions of a decision – people, planet, profits – to one: net welfare. Are we, as a group, better off? This well-established and standardized approach needs to be used much more to guide us in our project and policy decisions. CBA values society’s best interests, the public interest.

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