Word: benefiting
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...financial aid for students at schools that, like Morris Brown, are on the road to reaccreditation; it's one reason Pritchett has set an enrollment goal of 1,000 students in 2014, which would translate to a significant tuition revenue increase. Whether similar fudging will allow the school to benefit from the stimulus bill is still unclear, but Pritchett says the economic climate has something of a silver lining. "From the brink of disaster," he says, "you have hope...
...reason is Sunstein's support for cost-benefit analysis, the practice of examining regulations to ensure that their benefit to society outweighs whatever costs they impose. Liberal advocacy groups claim that cost-benefit analysis has been a weapon that every Republican President since Ronald Reagan - who created OIRA - has used to thwart effective government regulation of the environment, workplace and consumer safety. OIRA, after all, examines all proposed federal regulations before they take effect - be they issued by the Environmental Protection Agency, the Food and Drug Administration or the Occupational Safety and Health Administration - and it has the power...
...face of it, the idea of cost-benefit analysis seems like a relatively uncontroversial idea. It seems reasonable to assess, for instance, whether improvements in public health are significant enough to justify the financial costs imposed on polluters to curb the emission of harmful particles into the air. Reasonable, that is, until you start to fashion formulas for deciding just how costs and benefits should be measured...
...voluminous writings, Sunstein (who is not giving interviews before his confirmation hearings) has repeatedly defended the idea of a strong regulatory state. But his critics say that on a case-by-case basis he routinely comes down in favor of applying cost-benefit analysis in a way that would disallow the regulation in question. And they haven't forgotten that in 2001, Sunstein backed George W. Bush's choice of John Graham to head OIRA, though 37 Senate Democrats voted against him. Under Graham and his successor Susan Dudley, OIRA applied cost-benefit analysis stringently, with what their critics...
...Other supporters of strong regulation aren't worried about the Sunstein nomination. They expect OIRA under Sunstein to preserve cost-benefit analysis as a tool, but not to use it in such a way as to always reach the conclusion that regulation is too costly to impose. "It's true that cost-benefit analysis has been used in a very anti-regulatory way," says Michael A. Livermore, co-author, with Richard L. Revesz, of Retaking Rationality: How Cost-Benefit Analysis Can Better Protect the Enviroment and Our Health. "But cost-benefit analysis can be fixed to be more...