Benefit-cost analysis is the applied side of welfare economics. Its broad use in support of public decisions draws both detractors and defenders. This tongue-in-cheek piece demonstrates that knowing how to lie provides insights into how not to lie; we assume the former is always accidental among economists and we hope it is so for others.
About the author
Scott Farrow is the former Chief Economist of the U.S. GAO, editor of the Journal of Benefit-Cost Analysis and Professor of Economics at UMBC, a part of the University System of Maryland.
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Some sources identified under “How to Lie” are summarizing other documents related to the topic.
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