Analysis Quote by Austan Goolsbee
“Applying cost-benefit analysis to regulation is no different than what most regulatory agencies do.”
About This Quote
Source Speech: Economic Policy Forum, 2019
Regulatory cost‑benefit analysis mirrors what agencies already do, suggesting it’s a standard practice.
In simple terms: Regulators already weigh costs and benefits.
Key Takeaway
Recognize the routine nature of cost‑benefit work.
Themes
policy
regulation
economics
Mood
analytical
skeptical
Type
policy
economic
When to use this quote
- legislative hearings
- agency reviews
- policy drafting
Key Concepts
cost‑benefit analysis
public policy
decision making
Questions to Reflect On
- Do agencies truly apply neutral analysis?
- How can transparency be improved?
A Different Perspective
Oversimplifies complex political influences on regulation.
