Cost/Benefit Analysis Gone Mad

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Back in November 2007, the National Intelligence Council (NIC) released a declassified summary of an authoritative National Intelligence Estimate (NIE) declaring with “high confidence” that four years earlier “Tehran halted its nuclear weapons program.” Buried in a footnote was the fact that the summary was only referring to one—and far from the most important—component of Iran’s nuclear project.  The other portions of the Iranian bomb effort—most significantly, uranium enrichment—were continuing apace.

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