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Agency Quote by Fred Thompson

“That is, while we believe that cost-benefit analysis is an important tool to inform agency decision making, the results of the cost-benefit analysis do not trump existing law” quote by Fred Thompson
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“That is, while we believe that cost-benefit analysis is an important tool to inform agency decision making, the results of the cost-benefit analysis do not trump existing law”

Fred Thompson

About This Quote

Source Speech: Congressional Hearing on Agency Regulation, 1995

Cost‑benefit analysis informs decisions but cannot override legal constraints.

In simple terms: Law trumps analysis.

Key Takeaway

Balance analysis with legal compliance.

Themes

law policy analysis

Mood

formal analytical

Type

policy legal

When to use this quote

  • government agencies
  • corporate strategy
  • public projects

Key Concepts

regulatory compliance decision theory

Questions to Reflect On

  • How do you prioritize legal mandates over efficiency?
  • When should analysis be given more weight?
A Different Perspective

Relying solely on analysis may ignore statutory duties.

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