This paper analyzes cost-benefit analysis from legal, economic, and philosophical perspectives. The traditional defense of cost-benefit analysis is that it maximizes a social welfare function that aggregates unweighted and unrestricted preferences. We follow many economists and philosophers who...

The standard form of electoral system in the United States — plurality voting with one person, one vote — suffers from countless defects, most of which stem from its failure to enable people to register the intensity of their preferences for political outcomes when they vote. Quadratic...

When a federal regulatory agency issues a major regulation, the agency usually must provide an analysis of the anticipated costs and monetized benefits. Yet there is a large category of regulations that has escaped such scrutiny: so-called "transfer" regulations that determine how money and...

This article investigates considerations of distributive and corrective justice in the context of climate change policy. The authors accept that there is good reason for greenhouse gas emissions restrictions, but those reasons do not include concerns about distributive and corrective justice. It...

Greenhouse gas reductions would cost some nations much more than others, and benefit some nations far less than others. Significant reductions would impose especially large costs on the United States, and recent projections suggest that the United States has relatively less to lose from climate...

"Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? [This book] turns this thinking--and pretty much all conventional thinking about markets, both for and against--on its head. The book reveals...new...

Frontmatter -- CONTENTS -- ACKNOWLEDGMENTS -- PREFACE. The Auction Will Set You Free -- FOREWORD -- Introduction. THE CRISIS OF THE LIBERAL ORDER -- 1. Property Is Monopoly -- 2. Radical Democracy -- 3. Uniting the World’s Workers -- 4. Dismembering the Octopus -- 5. Data as Labor --...