What Things Cost

Often in debates about public funds, there will be arguments along the lines of ‘why are you spending £10 million on x, when that could be used to pay for y which has a much greater marginal utility.’  However, as far as I’m aware there isn’t an easily accessible and exhaustive list of public pricings for different public policy choices- even budget papers require a lot of interrogation to get to allow you to get to useful comparison points.

That’s why the Guardian’s piece today on 23 things you could pay for with £10 million could be very useful. Even more useful is the spreadsheet at the end of the document, which gives the unit cost of a whole range of public and private goods, from teachers’ wages to house prices to energy bills to Prince Charles.

The Price of Everything


Posted on April 17, 2013, in Economy and tagged , . Bookmark the permalink. 1 Comment.

  1. I much like the significant data you give inside your reports.I’ll bookmark your blog website and test all over again listed here relglaruy.I’m relatively certain I will know a good deal of recent things most suitable listed here! Fine luck with the subsequent!

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