Preview Mode Links will not work in preview mode

Hosted by David Beckworth of the Mercatus Center, Macro Musings is a podcast which pulls back the curtain on the important macroeconomic issues of the past, present, and future.

Mar 18, 2019

James Broughel is a senior research fellow at the Mercatus Center and an adjunct professor of law at George Mason University Law School. James specializes in state and federal regulatory procedures, cost-benefit analysis, and economic growth. He joins the show today to talk about a recent symposium he hosted on the social discount rate; what it is, its uses, and the controversy surrounding how to measure it. David and James also discuss cost-benefit analysis in the regulatory world and why the social discount rate matters for policy.


Transcript for the episode:


James’ Twitter: @JamesBroughel

James’ Mercatus profile:


Related Links:


*The Social Rate of Time Preference and the Social Discount Rate* by Mark Moore and Adam Vining


*The Appropriate Measure of the Social Discount Rate and Its Role in the Analysis of Policies with Long-Run Consequences* by David Burgess


*The Unsettled Matter of Discounting the Future* by James Broughel


*Equity or Efficiency? The Battle for the Soul of Benefit-Cost Analysis* by James Broughel


Amazon link to James’ former band *Levy*:


David’s blog:
David’s Twitter: @DavidBeckworth