That America's natural environment has been degraded and despoiled
over the past 25 years is beyond dispute. Nor has there been any
shortage of reasons why-short-sighted politicians, a society built on
over-consumption, and the dramatic weakening of environmental
regulations. In Retaking Rationality, Richard L. Revesz and Michael A.
Livermore argue convincingly that one of the least understood-and most
important-causes of our failure to protect the environment has been a
misguided rejection of reason. The authors show that
environmentalists, labor unions, and other progressive groups have
declined to participate in the key governmental proceedings concerning
the cost-benefit analysis of federal regulations. As a result of this
vacuum, industry groups have captured cost-benefit analysis and used
it to further their anti-regulatory ends. Beginning in 1981, the
federal Office of Management and Budget and the federal courts have
used cost-benefit analysis extensively to determine which
environmental, health, and safety regulations are approved and which
are sent back to the drawing board. The resulting imbalance in
political participation has profoundly affected the nation's
regulatory and legal landscape. But Revesz and Livermore contend that
economic analysis of regulations is necessary and that it needn't
conflict with-and can in fact support-a more compassionate approach to
environmental policy. Indeed, they show that we cannot give up on
rationality if we truly want to protect our natural environment.
Retaking Rationality makes clear that by embracing and reforming
cost-benefit analysis, and by joining reason and compassion,
progressive groups can help enact strong environmental and public
health regulation.
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How Cost-Benefit Analysis Can Better Protect the Environment and Our Health
Produktdetaljer
ISBN
9780199887972
Publisert
2020
Utgiver
Oxford University Press Academic US
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter