Social Cost Benefit Analysis

All is not well with the evaluation of government programs and projects. Resources available to any society are limited. If governments are to increase the well-being of their citizens, they must be able to select and implement the socially most beneficial projects and policies.

In Well-Being and Fair Distribution: Beyond Cost-Benefit Analysis, author Matthew D. Adler provides readers with a comprehensive, philosophically grounded argument for the use of social welfare functions as a framework for governmental policy analysis–a framework that is welfarist but not utilitarian, and sensitive to the distribution of human well-being.