Considering The Cost Of A Human Life
The discussions about when to "reopen" the economy after the COVID-19 shutdowns ultimately get down to math.
Some political leaders have been more explicit than others in identifying a trade-off: lives for dollars; more virus deaths as the price of a revived economy.
This is the kind of math Howard Steven Friedman wrote about BEFORE the pandemic. Friedman's book is Ultimate Price: The Value We Place on Life.
We explore how data scientists, regulators, and insurance companies calculate the price of a human life... and what they do with the information.