An obscure-but-powerful federal agency called OIRA has issued a new set of rules and guidelines for how other federal agencies should develop new regulations. It is clothed in wonky language about cost-benefit analysis, but it represents a generational philosophical shift toward progressive governance.
This is an illuminating discussion. This may be wonky but it really is about good government, injecting reason into public policy and updating methodology to include current knowledge and emergent challenges that past thinking didn't accommodate. It also reminds me of past arguments I've had myself on Twitter, about NPV.
Thank you for turning attention to this. Reporting like this is as rare as it is valuable in a democracy.