Priceless: On Knowing The Price Of Everything And The Value Of Nothing

Priceless: On Knowing The Price Of Everything And The Value Of Nothing

ISBN-10:
1565849817
ISBN-13:
9781565849815
Pub. Date:
07/15/2005
Publisher:
New Press, The
ISBN-10:
1565849817
ISBN-13:
9781565849815
Pub. Date:
07/15/2005
Publisher:
New Press, The
Priceless: On Knowing The Price Of Everything And The Value Of Nothing

Priceless: On Knowing The Price Of Everything And The Value Of Nothing

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Overview

As clinical as it sounds to express the value of human lives, health, or the environment in cold dollars and cents, cost-benefit analysis requires it. More disturbingly, this approach is being embraced by a growing number of politicians and conservative pundits as the most reasonable way to make many policy decisions regarding public health and the environment.

By systematically refuting the economic algorithms and illogical assumptions that cost-benefit analysts flaunt as fact, Priceless tells a "gripping story about how solid science has been shoved to the backburner by bean counters with ideological blinders" (In These Times). Ackerman and Heinzerling argue that decisions about health and safety should be made "to reflect not economists' numbers, but democratic values, chosen on moral grounds. This is a vividly written book, punctuated by striking analogies, a good deal of outrage, and a nice dose of humor" (Cass Sunstein, The New Republic).

Essential reading for anyone concerned with the future of human health and environmental protection, Priceless "shines a bright light on obstacles that stand in the way of good government decisions" (Public Citizen News).



Product Details

ISBN-13: 9781565849815
Publisher: New Press, The
Publication date: 07/15/2005
Edition description: Reprint
Pages: 277
Product dimensions: 5.50(w) x 8.25(h) x (d)

About the Author

Frank Ackerman is an economist at the Global Development and Environment Institute at Tufts Universityand author of Why Do We Recycle? He lives in Cambridge, Massachusetts.

Lisa Heinzerling is a professor at the Georgetown UniversityLaw Center, specializing in environmental law. She lives in Bethesda, Maryland.

Table of Contents

1.Prices Without Values1
2.Myths and Markets13
3.The Unicorns of Deregulation41
4.The $6.1 Million Question61
5.An Ounce of Prevention91
6.Dreadful Events123
7.Unnatural Markets153
8.Honey, I Shrunk the Future179
9.Values Without Prices205
Notes235
Acknowledgments265
Index267
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