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Why policies should be based on careful consideration of their costs and benefits rather than on intuition, popular opinion, interest groups, and anecdotes.Opinions on government policies vary widely. Some people feel passionately about the child obesity epidemic and support government regulation of sugary drinks. Others argue that people should be able to eat and drink whatever they like. Some people are alarmed about climate change and favor aggressive government intervention. Others don't feel the need for any sort of climate regulation. In The Cost-Benefit Revolution, Cass Sunstein argues our major disagreements really involve facts, not values. It follows that government policy should not be based on public opinion, intuitions, or pressure from interest groups, but on numbers—meaning careful consideration of costs and benefits. Will a policy save one life, or one thousand lives? Will it impose costs on consumers, and if so, will the costs be high or negligible? Will it hurt workers and small businesses, and, if so, precisely how much? As the Obama administration's “regulatory czar,” Sunstein knows his subject in both theory and practice. Drawing on behavioral economics and his well-known emphasis on “nudging,” he celebrates the cost-benefit revolution in policy making, tracing its defining moments in the Reagan, Clinton, and Obama administrations (and pondering its uncertain future in the Trump administration). He acknowledges that public officials often lack information about costs and benefits, and outlines state-of-the-art techniques for acquiring that information. Policies should make people's lives better. Quantitative cost-benefit analysis, Sunstein argues, is the best available method for making this happen—even if, in the future, new measures of human well-being, also explored in this book, may be better still.

Administrative law --- Trade regulation --- Cost effectiveness --- Public administration --- Cost effectiveness. --- Political aspects --- Decision making. --- Administrative law - United States - Cost effectiveness. --- Trade regulation - United States - Cost effectiveness. --- Cost effectiveness - Political aspects - United States. --- Public administration - United States - Decision making. --- Etats-Unis

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Public law. Constitutional law --- European law --- European Union --- United States --- Administrative law --- Constitutional law --- Droit administratif --- Droit constitutionnel --- 341.2422 --- Ue3 --- European Union countries --- -EU countries --- Euroland --- Europe --- Politics and government --- -Politics and government --- Constitutional limitations --- Constitutionalism --- Constitutions --- Limitations, Constitutional --- Public law --- Administration --- Law, Administrative --- Public administration --- Interpretation and construction --- Law and legislation --- Law --- Administrative law - Europe --- Administrative law - United States --- Constitutional law - Europe --- Constitutional law - United States --- United States of America

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Medical care --- Health insurance --- Administrative law --- Administrative agencies --- Delivery of Health Care --- Healthcare Financing --- Insurance, Health --- Government Agencies --- Legislation as Topic --- Constitutional Amendments --- Laws and Statutes --- Legislation, Health --- Model Legislation --- Population Law --- Statutes and Laws --- Health Legislation --- Amendment, Constitutional --- Amendments, Constitutional --- Constitutional Amendment --- Law, Population --- Laws, Population --- Legislation, Model --- Population Laws --- Health Financing --- Financing, Health --- Financing, Healthcare --- Financings, Health --- Financings, Healthcare --- Health Financings --- Healthcare Financings --- Health plans, Prepaid --- Medical care, Prepaid --- Medical insurance --- Prepaid health plans --- Prepaid medical care --- Sickness insurance --- Delivery of health care --- Delivery of medical care --- Health care --- Health care delivery --- Health services --- Healthcare --- Medical and health care industry --- Medical services --- Personal health services --- Law and legislation --- Finance --- legislation & jurisprudence --- organization & administration --- Krankenversicherung --- United States. --- Health Legislation as Topic --- Insurance --- Ambulance service --- Health care reform --- Home care services --- Hospitals --- Medically uninsured persons --- Surgical clinics --- Public health --- Prospective payment --- Emergency services --- Outpatient services --- Rehabilitation services --- Legislation as Topic. --- Medical care - Law and legislation - United States --- Medical care - Finance - Law and legislation - United States --- Health insurance - Law and legislation - United States --- Health insurance - Finance - Law and legislation - United States --- Administrative law - United States --- Administrative agencies - United States --- Etats-Unis