How much would you pay for a safer car?
A cost-benefit analysis of a new regulation came up short when it only counted dollars. Then, regulators asked how much more a young child's life is worth.
Can a federal regulation be worthwhile if its monetized costs exceed its monetized benefits?
Consider the Transportation Department decision in April to require rear-visibility cameras in essentially all new cars starting in 2018. The regulation will eventually affect millions of Americans, increas
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