Reviving Regulatory Rationality
Prof. Michael Livermore (University of Virginia School of Law) and Prof. Richard Revesz (New York University School of Law) discuss their new book, Reviving Rationality: Saving Cost-Benefit Analysis for the Sake of the Environment and Our Health, which offers analysis on critical aspects of the regulatory process and calls for the reinstatement of expertise, sound cost-benefit analysis, and the rule of law in public administration.
For decades, there has been a bipartisan consensus that federal agencies should base their decisions on evidence, expertise, and analysis. But under the Trump Administration, inconvenient evidence has often been ignored, experts have been sidelined, and analysis has been misused to intentionally obscure important truths. In this episode, we talk to Prof. Michael Livermore (University of Virginia School of Law) and Prof. Richard Revesz (New York University School of Law) to discuss current challenges as well as considerations for the road ahead. Their new book, Reviving Rationality: Saving Cost-Benefit Analysis for the Sake of the Environment and Our Health, offers analysis on critical aspects of the regulatory process and calls for the reinstatement of expertise, sound cost-benefit analysis, and the rule of law in public administration.
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