A Quote by Konnie Huq
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.
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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.
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.
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.'
My mother and my father taught me to look at the actual problem, not the face of it, not the veneer of it. So for me, I was never - I was impressed that it - racially, I was impressed, right, but now in America it's about economics, and it's been about economics, and honestly, everything's been about economics since I don't want to say the beginning of time, but it's been about economics for a long while.
One of the favorite things I've learned about Michigan State is that they set up a 'Women's course' in 1896. It sounds like the first gender studies department! But when I looked into it, they taught women home economics, liberal arts, and science. So the women's course was actually a useful degree! It actually teaches something productive!
Meditation is a really powerful tool I have for life now. The only reason I know about it is because I was stressing about writing and a friend taught me it. It's been useful.
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.
I started in the law; and the study of law, when it precedes the study of economics, gives you a set of foundation principles about how human beings interact. Economics is very useful, and I studied economics in graduate school. But without understanding the social and organizational context of economics, it becomes a theory without any groundwork.
Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life.
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.
Meditation is a really powerful tool I have for life now. The only reason I know about it is because I was stressing about writing and a friend taught me it. It's been useful. Now I use it for a bunch of different situations, whether I'm stressing before a show or something in the day really pisses me off.
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