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Cost-benefit analysis is an essential economic tool for comparing diverse interventions across different areas to identify the most effective use of limited resources.
“If you do it Right and a lot of economists spend a lot of time trying to make this right if you have all the same parameters across all these different areas It actually means you can start comparing Different interventions across all the different areas and say: 'Where do you get the biggest bang f”
Jordan B Peterson · Dec 2018 · 1 episode · 308K views on this topicExtracted by a model; may misattribute who said what.