Jim Tozzi on creating OIRA, playing jazz for drunk tourists

From: E&E News | Greenwire


Maxine Joselow, E&E News reporter


How did you come to work on regulatory matters like cost-benefit analysis?

Benefit-cost analysis actually started in the Corps of Engineers. The corps did all of these detailed analyses of projects to see if the benefits exceeded the costs.

One day, I was sitting there, and a visiting professor named Al Schmid walked in. He said, “I think we should apply benefit-cost analysis to regulations.” Our whole group was dumbfounded. He went away and wrote a paper on this. It went up to the Hill, and it got buried in some congressional report. But it stuck in my mind. Like a bad dream, it would come back every once in a while.

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2 comments. Leave a Reply

  1. Denis Pol

    It’s cool when an airline is concerned about the safety of passengers. For me, a safe and comfortable flight is the key to a good holiday in whatever country I fly to. And besides, I also found cheap business class flights to Amsterdam Now the flight will not only be comfortable, but I will also save a good amount of money for souvenirs for friends from Amsterdam.

  2. Anonymous

    I like it  here    

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