If I remember right from Freakonomics if the US government can prevent a car death for 1 million dollar they usually want to prevent the death. Even in that reference class this seems like good policy.
I choose to cite lower bar number, but if you multiply $9.1 million with 1600 cases you get >15 billion and that’s three order of magnitude of what eradicating would cost.
If I remember right from Freakonomics if the US government can prevent a car death for 1 million dollar they usually want to prevent the death. Even in that reference class this seems like good policy.
Not sure about the number in Freakonomics, but according to the Department of Transportation’s 2013 Memorandum, the department values a life at $9.1 million 2012 dollars.
I choose to cite lower bar number, but if you multiply $9.1 million with 1600 cases you get >15 billion and that’s three order of magnitude of what eradicating would cost.
That means “you should be outraged by this!” ;)