Economic Evaluation, Cost-Benefit Analysis, Economic Ethics

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The book explores the role of cost-benefit analysis in decision-making, particularly in relation to climate change and sustainability. It critiques the normative underpinnings of this economic approach, arguing that it faces significant theoretical and practical challenges, especially concerning distributive justice and democratic principles. The author highlights conflicts between cost-benefit analysis and liberal-democratic values, as well as its limitations in practical applications, suggesting that while it may offer useful insights, it should not be the sole basis for ethical or legal decisions.