Reviving Regulatory Rationality

Prof. Michael Livermore (University of Virginia School of Law) and Prof. Richard Revesz (New York University School of Law) discuss their new book, Reviving Rationality: Saving Cost-Benefit Analysis for the Sake of the Environment and Our Health, which offers analysis on critical aspects of the regulatory process and calls for the reinstatement of expertise, sound cost-benefit analysis, and the rule of law in public administration.