Cass R. Sunstein, Robert Walmsley University Professor at Harvard Law School, was Administrator of the White House Office of Information and Regulatory Affairs in the Obama administration. He was the recipient of the 2018 Holberg Prize, one of the largest annual international research prizes awarded to scholars who have made outstanding contributions to research in the arts and humanities, social science, law, or theology. He is the author of The Cost-Benefit Revolution, How Change Happens (both published by the MIT Press), Nudge- Improving Decisions about Health, Wealth, and Happiness (with Richard H. Thaler), and other books.
One of the very best Cass Sunstein books, the product of decades of
reflection, remarkably well thought out on every page to an extent
which is rare these days.—Marginal Revolution
In the excellent historical sections describing the (non-partisan)
spread of CBA in US government, Sunstein gives some persuasive
examples of how to use CBA well... It's worth the read for anyone
interested in the role of reason in policy making.—Diane Coyle, The
Enlightened Economist
Clear, well-argued....As Sunstein notes, cost-benefit models have
become progressively less wrong and more useful over time, and will
surely continue to improve. The cost-benefit revolution may be
incomplete and its pace of progress uncertain, but it's far from
over. ¡Viva la revolución!—Forbes Online
The book makes three valuable contributions: it relates the history
of cost-benefit analysis in US policymaking; it tackles the
economist Friedrich Hayek's argument that technocrats simply don't
know enough to weigh costs and benefits; and it makes a case that
cost-benefit analysis could reduce political tribalism.—Financial
Times
[Sunstein's] insights and conclusions are broadly applicable to
wherever benefit-cost analysis is practiced...Sunstein thinks
deeply, writes engagingly, and is often provocative...[The
Cost-Benefit Revolution] is likely to lead to much interesting
debate as well as to new developments in the field.—Lisa A.
Robinson, Society for Benefit-Cost Analysis
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