1 option
Priceless : on knowing the price of everything and the value of nothing / Frank Ackerman and Lisa Heinzerling.
Lippincott Library HC79.E5 A27 2004
Available
- Format:
- Book
- Author/Creator:
- Ackerman, Frank.
- Language:
- English
- Subjects (All):
- Environmental economics.
- Product safety.
- Business ethics.
- Consumer protection.
- Commercial policy.
- United States--Economic policy.
- United States.
- Economic policy.
- Physical Description:
- 277 pages ; 22 cm
- Place of Publication:
- New York : New Press : Distributed by W.W. Norton, 2004.
- Summary:
- Embraced by an increasing number of politicians as a reasonable tool for weighing public policy options, cost-benefit analysis assigns monetary values to everything from the prevention of disease, to a stable climate, to the protection of endangered species. Although our common sense tells us that these things exist outside the realms of the market, this destructive form of economic analysis is based on the flawed premise that everything has a price. By substituting ill-advised economic algorithms for informed policymaking, proponents of cost-benefit analysis repeatedly reject public health and environmental protection based on their stingy assessments of benefits and vastly exaggerated estimates of costs. Co-authored by economist Frank Ackerman and lawyer Lisa Heinzerling, Priceless is the first comprehensive rebuttal of the Bush administration's market-based assault on human health, environmental protection, and conservation. Debunking cost-benefit analysis and the intrinsically flawed economic theories used to justify it, Ackerman and Heinzerling signal the dangers in allowing an artificial bottom line to distinguish right from wrong in public policy.
- Contents:
- 1. Prices Without Values 1
- 2. Myths and Markets 13
- 3. The Unicorns of Deregulation 41
- 4. The $6.1 Million Question 61
- 5. An Ounce of Prevention 91
- 6. Dreadful Events 123
- 7. Unnatural Markets 153
- 8. Honey, I Shrunk the Future 179
- 9. Values Without Prices 205.
- Notes:
- Includes bibliographical references (pages [235]-263) and index.
- ISBN:
- 1565848500
- OCLC:
- 52819812
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.