[net.religion] Dollar value of human life

mmt@dciem.UUCP (Martin Taylor) (03/02/85)

>Much as people are unwilling to face it, there is an economic value to life.
>Maybe there shouldn't be, but there is.  The fact is, that if more money is
>spent for saving/prolonging human lives, more human lives will be saved/
>prolonged.  No matter how much money is spent.  Each society places values
>on human lives in a host of different direct and indirect ways.  From
>$5000 to have a contract killing, to $X per life saved to develop a new drug,
>to X lives lost per million tons of coal mined.

There COULD be a dollar value put against human life by this means,
but there isn't.  The apparent value of a life depends dramatically on
what risk is being costed.  A few million or billion dollars per life
is apparently the cost when we talk about a nuclear power station,
whereas very few (perhaps even a negative number) dollars is the cost
when considering the SAME risks from cigarette smoke.  So in the one
case we (society, taxpayers, what-have-you) may subsidize killing,
and in the other we go to enormous expense to reduce an already
infinitesimal risk.

No, I don't think society puts a dollar value on human life.  Other than
that, the quote (from Mike Huybenz) is valid.
-- 

Martin Taylor
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