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Tuesday, May 15 2012

With Limited Budget, Prioritizing Investments In Projects To Advance Human Welfare Is Critical

"If you had $75 billion to spend over the next four years and your goal was to advance human welfare, especially in the developing world, how could you get the most value for your money?" Bjorn Lomborg, an author and director of the Copenhagen Consensus Center, asks in this opinion piece in Slate Magazine's "Copenhagen Consensus 2012" section. "That is the question that I posed to a panel of five top economists, including four Nobel laureates, in the Copenhagen Consensus 2012 project," he writes, noting, "The panel members were chosen for their expertise in prioritization and their ability to use economic principles to compare policy choices."
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