Word: cost-benefit
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...JAMA authors note their study is not a cost-benefit analysis of any of the vaccines that it analyzes. But the figures do put immunization debates in perspective. "Vaccines," the authors write, "are one of the greatest achievements of biomedical science and public health." The authors cite a 2001 paper, estimating that every year, seven of the 12 routine childhood vaccinations given in the U.S. prevent 14 million disease cases and 33,000 deaths. The JAMA authors believe their own death-rate reduction figures may in fact underestimate the true benefits of vaccination. The numbers don't account for chronic...
...Singapore's morphing metropolis. Our country is going to suffer from a decreasing population and soaring competition from neighboring countries. Our government tends to envision more prosaic reforms. We need to beef up cultural power to make our cities more attractive to younger generations and foreigners. Our overemphasis on cost-benefit evaluations has precluded investment in cultural matters. Hiroaki Goda, Fukuoka City, Japan...
...Cost-Benefit Analysis "Nation building" showed that the U.S. faces some high bills for upgrading infrastructure for mass transit, dams, railways, water, airports and roads [May 28]. Instead of focusing on its own needs, the U.S. thought it wise to increase its deficit in order to destroy the infrastructure of another country. One wonders how the real dangers from failing infrastructure compare with those imagined from Saddam Hussein. Are not the expected benefits from improved effectiveness preferable to the results of the endless wasting of money and lives? Yannis Athanassopoulos, ATHENS...
...from Homer’s lotus eaters (rescued from Lethe and lethargy) to modern pill-popping clubbers—which sets off a hand-wringing moral panic rather than rational thought. Perhaps the social externalities of drug use exceed the costs of prohibition, but the war on drugs usually isn’t justified by such cost-benefit analysis...
...leaders. A much more practical way to save lives, and even prevent binge drinking from getting out of hand, would be to make the College’s amnesty policy as loose as possible. Students—and especially intoxicated students—should not have to conduct a cost-benefit analysis every time they think they might want to bring an intoxicated friend to hospital...