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by ant6n
34 days ago
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It is true cost-benefit for public works projects include the public benefit. But it is often not magnitudes more. Often projects basically scrape by on cost benefits larger than 1.0, after some creative accounting. And yes, the timescales are larger, but they are still tied to interest rates. A benefit on the scale in 100 years can not be measured over that timescale. |
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