If this ratio is greater than unity, the project should go ahead, otherwise not. But these two ratios are different, so how can we decide which to use? Fortunately, we don't need to decide. The only ...

Current political and economic issues succinctly explained. Under both the Donald Trump and Joe Biden administrations, the U.S. government has had a seemingly unquenchable thirst for national security ...

A CARDINAL principle in public policymaking is that in making a decision that affects the welfare of the people, a careful cost and benefits analysis should first be made to obtain the maximum benefit ...

Arthur Grimes has previously received funding from the New Zealand Treasury to examine the social discount rate which is one input into CBAx. Arthur Grimes is a Senior Fellow of Motu Research, and is ...

The arrival of the palm oil industry in Indonesia’s Papua region has wrought more than five times as much environmental and social damage than the benefits it has delivered, according to a new ...