Mitch Daniels uses cost-benefit analysis to teach his daughter “ethics,” but only proves that it’s a crock

Mitch Daniels Uses Benefit-Cost Analysis to Teach his Daughter Ethics
By William K. Black
New Economic Perspectives

This is the fourth and final article in a series of pieces discussing the claim by a Cato scholar at CIFA’s recent meeting in Monaco that formal benefit-cost tests by economists were essential to prevent regulatory excess. The second column focused on a speech in 2001 by Mitch Daniels, then President Bush’s Office of Management and Budget (OMB) director to the Competitive Enterprise Institute (CEI).

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