Toxic train wrecks are the high cost of rigged cost-benefit analysis ...Middle East

Toxic and even deadly train wrecks like the one in East Palestine, Ohio, are the high cost of a regulatory system rigged to favor big corporations over the needs of ordinary Americans. One of the major culprits that contributed to the severity of this disaster — with a heavy assist from millions of dollars in rail industry lobbying and campaign contributions — is regulatory cost-benefit analysis. If you’re unfamiliar with its problematic history, how easy it is to manipulate, how often it turns out wrong, and its disastrous consequences in the real world, it may be tempting to believe that we can pick the best policy by neatly tallying up and weighing all the pros and cons. But c

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