Question: Answer the questions below based on the assigned article Cost-Benefit Analysis: An Ethical Critique (with replies), by Steven Kelman. a. (3 marks) Kelman gives four

Answer the questions below based on the assigned article "Cost-Benefit Analysis: An Ethical Critique (with replies)," by Steven Kelman.

a. (3 marks) Kelman gives four examples in Part I of the article; an old man in Nazi Germany, two close friends in the Arctic, a wave of thieves hitting a city and a world full of lies and injustices. What is Kelman's argument here? What is Solow's reply?

b. (3 marks) Kelman says "when officials are deciding what level of pollution will harm certain vulnerable people such as the asthmatics or the elderly, one issue involved might be the rights of those people not to be sacrificed on the altar of somewhat higher living standards for the rest of us." (bottom of page 258). What does he mean by this? What would your reply be?

c. (3 marks) In the second part of the paper, Kelman says that some things are "specially valued" and that it cheapens their value when we think about them in monetary terms. Explain how Kelman uses this as a criticism of BCA. Do you agree with this statement? What would your reply be?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!