Quotation of the Day…

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… is from page 161 of David Schmidtz’s wisdom-packed 2023 book, Living Together [original emphasis]:

Many critics of CBA [cost-benefit analysis] seem driven by a gut feeling that CBA is heartless. They think that by denouncing CBA, they take a stand against heartlessness. In truth, weighing a proposal’s costs and benefits does not make you a bad person. What makes you a bad person is ignoring costs – costs you impose on others. Problems arise not when regulators take costs and benefits into account, but when they neglect to do so.