If the cost/benefit analysis had some objective basis, it would have more 
credibility (ignoring questions about what should/should not be included, 
it might have some basis.  It could be compared to a legal opinion.  A good 
lawyer can argue either side.  Is it an act of irrational stubbornness to 
resist a lawyer's brief?

In short, cost/benefit is not scientific at all.


-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
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