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Keyword: costbenefitanalysis

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  • Measuring Lost Freedom vs. Security in Dollars

    03/10/2003 9:43:29 PM PST · by JohnHuang2 · 33+ views
    New York Times ^ | Tuesday, March 11, 2003 | By EDMUND L. ANDREWS
    March 11, 2003 Measuring Lost Freedom vs. Security in DollarsBy EDMUND L. ANDREWS ASHINGTON, March 10 — Civil liberties and privacy may be priceless, but they may soon have a price tag. In an unusual twist on cost-benefit analysis, an economic tool that conservatives have often used to attack environmental regulation, top advisers to President Bush want to weigh the benefits of tighter domestic security against the "costs" of lost privacy and freedom. "People are willing to accept some burdens, some intrusion on their privacy and some inconvenience," said John Graham, director of regulatory affairs at the White House Office...