Poisoned for pennies: The economics of toxics and precaution

Cost-benefit analysis” is a term that is used so frequently we rarely stop to think about it. But relying on it can lead to some dubious conclusions, as Frank Ackerman points out in this eye-opening book. For example, some economists have argued that states should encourage—and even subsidize—cigarette smoking by citizens because smoking will shorten life spans and therefore reduce the need and expense of caring for the elderly. How did the economists reach that conclusion? The answer is cost-benefit analysis, Ackerman explains.

Poisoned for pennies: The economics of toxics and precaution

Frank Ackerman

Island Press

2008

Abstract

Cost-benefit analysis” is a term that is used so frequently we rarely stop to think about it. But relying on it can lead to some dubious conclusions, as Frank Ackerman points out in this eye-opening book. For example, some economists have argued that states should encourage—and even subsidize—cigarette smoking by citizens because smoking will shorten life spans and therefore reduce the need and expense of caring for the elderly. How did the economists reach that conclusion? The answer is cost-benefit analysis, Ackerman explains.

Then in clear, understandable language, he describes an alternative, precautionary approach to making decisions under uncertainty. Once a mere theory, the precautionary principle has now been applied in practice through the European Union’s REACH protocol. Citing major studies, many of which he has directed, he shows that the precautionary approach has not only worked, but has been relatively cheap.

Poisoned for Pennies shows how the misuse of cost-benefit analysis is impeding efforts to clean up and protect our environment, especially in the case of toxic chemicals. According to Ackerman, conservatives—in elected office, in state and federal regulatory agencies, and in businesses of every size—have been able to successfully argue that environmental clean-up and protection are simply too expensive. But he proves, that is untrue in case after case.

Ackerman is already well known for his carefully reasoned attacks on the conventional wisdom about the costs of environmental regulation. This new book, which finds Ackerman ranging from psychological research to risk analysis to the benefits of aggressive pesticide regulation, and from mad cow disease to lead paint, will further his reputation as a thought leader in environmental protection. We can’t afford not to listen to him.

Citation

Frank Ackerman. Poisoned for pennies: The economics of toxics and precaution. Island Press, 2008

Collection

Lĩnh vực Kinh tế

Related document

Poisoned for pennies: The economics of toxics and precautionAdvanced financial accounting (7th edition)The macro economy today
Poisoned for pennies: The economics of toxics and precautionAdvanced financial accounting (7th edition)The macro economy today

QR code

Poisoned for pennies: The economics of toxics and precaution

Content

  • Thứ Năm, 08:58 28/07/2022

Tin tiêu điểm

Truy cập hàng triệu sách điện tử miễn phí với The Online Books Page

Thứ Hai, 08:38 22/01/2024
5 khóa học miễn phí về thiết kế đồ họa

5 khóa học miễn phí về thiết kế đồ họa

Thứ Tư, 09:33 13/12/2023

7 khóa học “Kỹ thuật cơ khí” sinh viên ngành Cơ khí cần biết

Thứ Sáu, 13:57 08/12/2023
[Coursera] Khóa học “Tìm hiểu các phương pháp nghiên cứu” của ĐH Luân Đôn

[Coursera] Khóa học “Tìm hiểu các phương pháp nghiên cứu” của ĐH Luân Đôn

Thứ Hai, 08:55 06/11/2023

Khai thác danh mục tạp chí mở Directory of Open Access Journals (DOAJ)

Thứ Sáu, 15:50 18/08/2023

Các bài đã đăng

Giáo trình nhập môn du lịch học

Thứ Tư, 10:13 28/02/2024

Ứng dụng trí tuệ nhân tạo trong xây dựng địa chất và khai thác dầu khí

Thứ Tư, 09:57 28/02/2024

Công nghệ khống chế ô nhiễm khí quyển

Thứ Tư, 09:40 28/02/2024

Cảm luận nghệ thuật

Thứ Tư, 08:42 21/02/2024

Giáo trình địa lý du lịch

Thứ Tư, 08:28 21/02/2024

Tiểu thuyết : Họ cùng thời với ai; Trùng tu.

Thứ Năm, 08:52 28/07/2022

Options demystified

Thứ Năm, 08:49 28/07/2022

Object-Oriented and Classical Software Engineering 6th Edition

Thứ Năm, 08:43 28/07/2022

Tiểu thuyết: Đất miền đông (Tập 3 quyển 1)

Thứ Năm, 08:38 28/07/2022

The art of intrusion: The real stories behind the exploits of hackers, intruders & deceivers

Thứ Năm, 00:00 28/07/2022