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Leon Meltzer Professor of Law
Adler Calculates Costs and Benefits of Law and Policy with Philosophic Mind-Set
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In his new book, Matthew Adler suggests government regulators think as much about human cost as economic efficiency when making decisions on everything from natural disasters to environmental risks.

Adler, co-author of New Foundations of Cost-Benefit Analysis (with University of Chicago law professor Eric Posner), argues for consideration of well-being in policymaking. He and Posner also expand the definition of cost-benefit analysis by including moral rights and equal treatment in the equation.

This new way of thinking represents a middle ground — it is less rigid, more pragmatic and philosophically sophisticated than current approaches, explains Adler, recently appointed Leon Meltzer Professor of Law.

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