B-C-A as Whipping Boy for Commentators

New London Airport in Hyde Park?
In the 1960s the Roskill commission was tasked with producing a report into the best location for the third London airport. Its findings were reached though cost-benefit analysis, assigning an arbitary economic value to the unquantifiable. The report famously valued a Norman church at just £50,000 (the cost of its fire insurance).

Read more...