Cass Sunstein’s book “The Cost-Benefit Revolution” contains an excellent overview of cost-benefit analysis, so it is a must-read for law students and legal scholars, especially those of us who are interested in the perils and promise of the regulatory state, but without a general theory of harm–i.e. a theory that can tell us which harms should matter in the domains of law and ethics–Professor Sunstein’s cost-benefit approach to regulation is intellectually incoherent.
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