The Origin of Regulatory Cost-Benefit Analysis

Editor’s Note: The following 1969 landmark article established the intellectual basis for regulatory cost-benefit analysis. It all began here.

Effective Public Policy and the Government Budget: a Uniform Treatment of Public Expenditures and Public Rules


Dr. A. Allan Schmid, Visiting Professor to the Office of the Secretary of the Army


  • Click here to read “Effective Public Policy and the Government Budget” (pdf 2 MB)


Joint Economic Committee, 91st Congress, First Session Analysis and Evaluation of Public Expenditures: PPBS System US Government 1969, “A compendium of papers submitted to the Subcommittee on Economy and Government of the Joint Economic Committee,” Volume I, pages 579-591.

  • Click here to review comment on this paper by Dr. Jim Tozzi, former Director of the Systems Analysis Group.
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