security vs value

@joefromchicago,

Not all, just the 'pain and suffering' damages. Should have been more clear.

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@ehBeth,

I agree with that too.

There are long term costs that are associated with that and the pain and suffering is much more severe.

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@dyslexia,

Quote:

security costs "you can't put a value on an american life."
Is this even remotely in your wildest dreams True?

Hell no as everything is a balancing act and if we would wish to cut the 40,000 deaths on the roadways in this country every year to near zero we could limit the speed to 20 MPH and do so.

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@ehBeth,

Green Witch wrote:

Some Republicans seem to think you can put a value on human life. They want malpractice capped at about $250,000. So if a doctor kills someone out of negligence that is the price of the patients life. Period.

ehBeth wrote:

That number seems high.

I would have said the price is low.

As a utilitarian, I measure the value of human lives by our marginal propensity to pay for our own safety. And how much is that? In an elderly Slate article, the economist Steven Landsburg presents results from people who did the empirical research. Their results are somewhat all-over-the-place, but at least give us a ball park figure. If our lives are worth as much as we're willing to pay for extending them, the appropriate price tag on each human life is somewhere between $1 million and $10 million. That's an order of magnitude more than what the Republicans Green Which is talking about are willing to pay.

1 Reply

@Thomas,

Are ALL actuaries "Republicans" as GreenWitch seems to represent? Anyone knows the answer, post here.......What's certain is that proposing to cap damages at a maximum of $250,000 only affects speecific damages and isn't a valuation of any human life at all.

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@dyslexia,

dyslexia wrote:

I just heard some "security expert" on the telly say whatever security costs "you can't put a value on an american life."
Is this even remotely in your wildest dreams True?

Apparently dys you can.

So what is the value of an American life?

While you're at it, can you tell us what the going price is for a German, an Israeli, a Sudanese, a Honduran, an Iraqi, or a Brazilian?

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@Finn dAbuzz,

i'll give you $20 for the lot, if you throw in half a dozen polynesians

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@djjd62,

djjd62 wrote:

i'll give you $20 for the lot, if you throw in half a dozen polynesians

Check with dys.

I would probably take your offer, but I don't think I can put an accurate price on human life.

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@Finn dAbuzz,

human life has no value

in the purest sense it costs nothing to create and nothing to destroy

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@High Seas,

GreenWitch wrote:

Are ALL actuaries "Republicans" as GreenWitch seems to represent?

No, but some Republicans are actuaries -- as GreenWitch seems to represent quite correctly. Did you miss her word "some"? It's the very first word of her post in question:

Green Witch wrote:

Some Republicans seem to think you can put a value on human life. (Emphasis added -- T.)

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@Thomas,

Thomas wrote:

GreenWitch wrote:
Are ALL actuaries "Republicans" as GreenWitch seems to represent?

No, but some Republicans are actuaries -- as GreenWitch seems to represent quite correctly. Did you miss her word "some"? It's the very first word of her post in question:

Green Witch wrote:
Some Republicans seem to think you can put a value on human life. (Emphasis added -- T.)

Please try and follow the steps of the syllogism, Thomas:

1. SOME Republicans think a value can be placed on human life.
2. ALL actuaries think a value can be placed on human life.

From propositions (1) and (2) it MAY follow that "all actuaries are Republicans" - whence my question - or it may not. Proposition (3) is formally undecidable in the absence of more data.

But whatever the case of (3) may turn out to be, it is YOU, Thomas, who fell into the trap of the fallacy of the undistributed middle.

Partying too hard over the holidays? Smile

1 Reply

@High Seas,

P.S. to Thomas: glad to see you as always. You can leave mathematical logic to me, but could you please help this new poster who has thoroughly confused himself with some version of quantum gravity? I could only answer him mathematically, but I just don't know enough about particle physics. Thanks! http://able2know.org/topic/139614-1#post-3860627

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the collective must consider the welfare of the many before it valuates the protection of individuals. We can only as a collective spend what we can afford to spend on the effort, to spend more places at risk not only every individual now alive but also those not yet born, as well as the future of the republic.

We refuse to learn though, which is why we have a health care system that is bankrupting the nation, and we will not use any common sense when it comes to security spending either. The terrorists know this, which is why they are so optimistic that they will prevail.

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The health care debate is all about the value put on a life. For instance, up to now now, someone poor who cannot afford insurance was allowed to drop dead. In fact, 45,000 people were dying every year due to lack of coverage.

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@Advocate,

Quote:

The health care debate is all about the value put on a life. For instance, up to now now, someone poor who cannot afford insurance was allowed to drop dead. In fact, 45,000 people were dying every year due to lack of coverage.

This has no impact on the final analysis, which is that as a nation we spend more on health-care than we can afford....current spending is both non-sustainable and bad for us, never mind the increases in sending that Obamacare will cause.

We need to spend less money more wisely, instead we plan to spend more money without addressing the crazy way we go about deciding where health-care moneys are spent. This is the behaviour of idiots.

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security vs value

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