How to Cheat with Cost-Benefit Analysis: Double Count the Benefits

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How to Cheat with Cost-Benefit Analysis: Double Count the Benefits

How to Cheat with Cost-Benefit Analysis: Double Count the Benefits

4 hours agoGary Galles

Calculating "multiplier effects" is perhaps the most common method of cheating with benefit-cost analysis.

Original Article: "How to Cheat with Cost-Benefit Analysis: Double Count the Benefits"

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

Gary Galles

Gary M. Galles is a Professor of Economics at Pepperdine University and an adjunct scholar at the Ludwig von Mises Institute. He is also a research fellow at the Independent Institute, a member of the Foundation for Economic Education faculty network, and a member of the Heartland Institute Board of Policy Advisors.

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