Cost-benefit analysis — the formal estimating and weighing of the costs and benefits of policy alternatives — is a standard tool for governments in advanced economies. The Globalization of Cost-Benefit Analysis in Environmental Policy examines how cost-benefit analysis can help developing and emerging countries confront the next generation of environmental and public-health challenges . . .
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 . . .