The Cost-Benefit Revolution

In The Cost-Benefit Revolution, Cass Sunstein advocates for designing government policies based on rigorous analysis of costs and benefits rather than intuition, public opinion, or interest group pressures. Drawing from his experience as Obama's regulatory czar and insights from behavioral economics, he emphasizes that many policy disagreements stem from factual differences, which can be addressed through careful quantification. Sunstein explores the history and future of the cost-benefit approach, highlighting its importance in making policies that genuinely improve people's lives.