divdiva Cost-benefit analysisa 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 encouragea and even subsidizea 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. div div divThen 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 Uniona 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. div div divPoisoned 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, conservativesa in elected office, in state and federal regulatory agencies, and in businesses of every sizea 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. div divAckerman 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 cana t afford not to listen to him. divCurl, C. L., R. A. Fenske, J. C. Kissel, J. H. Shirai, T. F. Moate, W Griffith, G. Coron- ado, and B. Thompson, aquot;Evaluation of ... 2 (June 2006), pp. ... 500-21. Dyer, R. F., and V. H. Esch, aquot;Polyvinyl Chloride Toxicity in Fires: Hydrogen Chloride Toxicity in Fire Fighters, aquot; Journal of the ... for Rural Areas, Horticultural Production Guide ( Fayetteville, AR: National Sustainable Agriculture Information Service, 1999).
|Title||:||Poisoned for Pennies|
|Publisher||:||Island Press - 2008-05-23|