Christian Henrichson, a senior policy analyst with the Vera Institute of Justice’s Cost-Benefit Analysis Unit, writes about the recent State Budget Crisis Task Force report, fiscal planning, and prison costs—and how they are interrelated. You can read his new post on Vera’s blog.
We welcome your questions and comments about cost-benefit analysis and justice policy.
This month we’ll feature a series of blog posts addressing misperceptions about cost-benefit analysis (CBA). On the blog, in the CBA toolkit, and in other materials, we’ve written about some concepts that frequently confuse people or are commonly misunderstood, such as:
- Cost avoidance and cost savings are not the same.
- Taxpayer benefits don’t always result in cost savings.