MIT Press Bookstore welcomes Cass R. Sunstein, Robert Walsmley University Professor at Harvard Law School, to the bookstore to discuss his latest book, The Cost-Benefit Revolution. Drawing on behavioral economics and his well-known emphasis on “nudging,” he celebrates the cost-benefit revolution in policy making, tracing its defining moments in the Reagan, Clinton, and Obama administrations (and pondering its uncertain future in the Trump administration). He acknowledges that public officials often lack information about costs and benefits, and outlines state-of-the-art techniques for acquiring that information. Policies should make people’s lives better.
Cass R. Sunstein is one of the most cited legal scholars in the world. He was recipient of the 2018 Holberg Prize and was Administrator of the White House Office of Information and Regulatory Affairs in the Obama Administration.