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Author:
Livermore, Michael A., author.
Title:
Reviving rationality : saving cost-benefit analysis for the sake of the environment and our health / Michael A. Livermore and Richard L. Revesz.
Publisher:
Oxford University Press,
Copyright Date:
2020
Description:
293 pages ; 25 cm
Subject:
Trade regulation--United States.
Trade regulation--United States--Cost effectiveness.
Administrative agencies--United States--Decision making.
Environmental law--United States--Cost effectiveness.
Public health laws--United States--Cost effectiveness.
Administrative agencies--Decision making.
Environmental law--Cost effectiveness.
Trade regulation.
Trade regulation--Cost effectiveness.
United States.
Other Authors:
Revesz, Richard L., 1958- author.
Notes:
Includes bibliographical references and index.
Contents:
Politics and regulation -- A threatening synthesis -- Staying in bounds -- A retreat from reason -- The illusion of costs without benefits -- Erasing public health science -- Resurrecting discredited models -- Ignoring indirect benefits -- Trivializing climate change -- Manipulating transfers -- Future directions -- Improving the guardrails.
Summary:
"Reviving rationality: saving cost-benefit analysis for the sake of the environment and our health explains how Donald Trump destabilized the decades-long bipartisan consensus that federal agencies must base their decisions on evidence, expertise, and analysis. Administrative agencies, such as the Securities and Exchange Commission and the Environmental Protection Agency, are charged by law with protecting values like stable financial markets and clean air. Decisions made by these agencies have wide ranging consequences for the well-being of the American public, affecting everything from the safety of workplaces to access to the dream of home ownership. Under the Trump administration, agencies have been hampered in their ability to promote these missions by the conflicting ideological whims of a changing cast political appointees and overwhelming pressure from well-connected interest groups. Inconvenient evidence has been ignored, experts have been side lined, and analysis has been used to obscure facts, rather than inform the public. The results have included haphazard and incoherent policy, social division, defeats in court, a demoralized federal workforce, and a loss of faith in government's ability to respond to the pressing problems facing American society. The hard work of rebuilding a rational regulatory system will fall to future administrations. Norms that the Trump administration has broken should be repaired, and agencies should be set back on the path of reasoned, evidence-based decision making"-- Provided by publisher.
ISBN:
0197539440
9780197539446
OCLC:
(OCoLC)1152352717
LCCN:
2020018480
Locations:
OVUX522 -- University of Iowa Libraries (Iowa City)

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