
Benjamin Knight
- Dec 3, 2020
- 2 min
What Are We Planning For?
Image Source: Shijan Kaakkara When we make decisions about government policy, we have to consider what that policy’s effects will be. To do this, most governments have specific offices for assessing the environmental impact, the economic impact, and the financial impact, but one of the most common tools is a cost-benefit analysis. In a cost-benefit analysis, all of the costs and benefits of a project are summed in order to assess whether it has a net positive impact; however,