Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Isn't it typical, though, for most situations of interest to be characterised by costs that increase with benefits?

If one aims to overall maximise benefit minus cost, one typically faces a political decision regarding how to weight incomparable benefits and costs -- e.g., to different people, or of different kinds. Lives vs. dollars seems often to be the most controversial.

Words and ideas I offer here may be used freely and without attribution.

by technopolitical on Wed Jan 24th, 2007 at 01:45:09 PM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series