Cost-Benefit Analysis and Criminal Justice Policy
Crime and justice are not usually associated with cost-benefit analysis. But they should be, according to new research. This is especially true in an economic downturn, when government funding is scarce. In “Balanced Justice,” released jointly with the Center for the Administration of Criminal Law, author Jennifer Rosenberg reviews a growing body of research showing that counting the costs and benefits of our nation’s justice system can highlight areas of improvement that can save billions of taxpayer dollars without compromising public safety.
Consumer Surplus and Net Neutrality
This policy brief describes how a weakening of the principle of network neutrality might impact the Web. Based on an analysis of Internet usage, it finds that Internet infrastructure and content work together to generate huge economic benefits for consumers—possibly as much as $5,686 per user, per year.
An Update on Net Neutrality
An open Internet allows anyone with an idea and a domain name to add content to the web for all to use. It’s a system that most believe works very well, generating billions in economic benefits for the American public every year. This policy brief analyzes the economic uncertainties of weakening our current, open Internet and sees potential trouble ahead if it is not preserved.
An Update on New York City Boilers
Up to 259 lives could be saved every year if certain large buildings in New York City stopped burning dirty heating oil. Using newly available data, a reworked analysis finds that residual oil has even greater consequences than estimated in an earlier report.
The Distributional Consequences of the NFIP
The government’s flood insurance program gives discounts to homeowners who build in flood-prone areas, often causing significant environmental damage. In this analysis, the Institute for Policy Integrity finds that this practice can benefit wealthy owners of expensive homes at a cost to the average taxpayer.
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