Policy Integrity's Livermore discusses impact of cost-benefit analysis on environmental policy

What are the global trends for cost-benefit analysis, and how is this policy tool affecting environmental regulations? During today's OnPoint, Michael Livermore, executive director of the Institute for Policy Integrity and co-editor of the new book "The Globalization of Cost-Benefit Analysis in Environmental Policy," discusses the growing global use of cost-benefit analysis and its impact on environmental policy. He explains why he believes cost-benefit analysis is effective and highlights a recent case, relating to EPA's mercury rule, where cost-benefit analysis was called into question.