A Quote by Gilbert F. White
One effect of benefit-cost analysis is to give any respectable engineer or economist a means for justifying almost any kind of project the national government wants to justify... Exclusive reliance on benefit-cost analysis has been one of the greatest threats to wise decisions in water development.
Related Quotes
That is, while we believe that cost-benefit analysis is an important tool to inform agency decision making, the results of the cost-benefit analysis do not trump existing law
That is, while we believe that cost-benefit analysis is an important tool to inform agency decision making, the results of the cost-benefit analysis do not trump existing law.
About the only useful thing my economics degree taught me was that, in all decisions in life, you have to do a cost-benefit analysis.
The Internet is the first technology since the printing press which could lower the cost of a great education and, in doing so, make that cost-benefit analysis much easier for most students. It could allow American schools to service twice as many students as they do now, and in ways that are both effective and cost-effective.
Applying cost-benefit analysis to regulation is no different than what most regulatory agencies do.
Now in business we do a cost benefit analysis before we make policy changes. Washington should as well.
Weighing benefits against costs is the way most people make decisions - and the way most businesses make decisions, if they want to stay in business. Only in government is any benefit, however small, considered to be worth any cost, however large.
[The Freedom of Information Act is] the Taj Mahal of the Doctrine of Unanticipated Consequences, the Sistine Chapel of Cost-Benefit Analysis Ignored.
Gambling interests hire lots of economists to do impact studies, but what you need is cost-benefit analysis, and you'll never see the industry finance those
There are certain pressures and things that change your life to a degree that, in the cost benefit analysis that constantly goes on, sometimes makes you think, 'Maybe I should just leave.'
There are certain pressures and things that change your life to a degree that, in the cost benefit analysis that constantly goes on, sometimes makes you think, 'Maybe I should just leave.
In other words, we do not have to be obsessed with privatizing immediately and at any cost. No, we will not do it at any cost. We will do it in a way that ensures maximum benefit for the Russian state and the Russian economy.
Considering community support and cost-benefit analysis, I have supported earmarks for projects of high public purpose involving such areas as higher education, alternative energy, transportation, medical research and military infrastructure.
The primary source of waste in government is that legislators are often under heavy pressure to vote for projects that will benefit their campaign contributors, even when those projects fail a simple cost-benefit test. But with the Supreme Court showing little interest in permitting tighter rules on campaign contributions in recent years, there is little reason to be optimistic that we'll start curbing this kind of waste any time soon.
Money isn't automatically freedom. You need to look carefully at what you're doing to earn the money before you can conclude that you are, in practice, free. This is a cost-benefit analysis we should all perform on our own lives.
Nature is an expert in cost-benefit analysis,' she says. 'Although she does her accounting a little differently. As for debts, she always collects in the long run.
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