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Re-evaluating public policy decision-making: The Cost of Inaction

Author: Francisco Mejía
Published Date: 26 November 2012

Published by: Francisco Mejía

"I just finished readingThe Cost of Inaction, Case Studies from Rwanda and Angola by Sudhir Anand and others. The Foreword, by Amartya Sen, is worth the whole price-tag. According to Professor Sen this is a far-reaching book that goes well beyond the two case studies and its “modest title” and provides a good occasion to think about some foundational issues in the evaluation of public policy."

"[Contrary to the logic of traditional cost-benefit analysis] The Cost of Inaction argues...what is the harm of doing nothing? What is the opportunity cost of doing nothing, when something could have been done?"

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