home *** CD-ROM | disk | FTP | other *** search
- Path: sparky!uunet!usc!hacgate!shiva!tucker
- From: tucker@shiva.edsg.hac.com (George Tucker)
- Newsgroups: sci.econ
- Subject: Re: Value of Life
- Message-ID: <23117@hacgate.SCG.HAC.COM>
- Date: 1 Sep 92 22:45:48 GMT
- References: <htweedie.04d4@madhat.actrix.gen.nz> <1992Sep1.010021.29903@leland.Stanford.EDU>
- Sender: news@hacgate.SCG.HAC.COM
- Reply-To: tucker@shiva.UUCP (George Tucker)
- Organization: Hughes Aircraft Co., El Segundo, CA
- Lines: 41
-
- In article <1992Sep1.010021.29903@leland.Stanford.EDU> jojo@leland.Stanford.EDU (Joanne Spetz) writes:
- >
- >My understanding is that policy makers tend to not explicitly declare
- >a value for human life, but that the implicit value they hold can be
- >deduced by examining the policy choices they make. The number I seem
- >to remember is about 2 million dollars: for example, an environmental
-
- Sounds high. Probably for the life of a voter or close relative of a voter.
- I certainly would not vote for more than 1.5 megabucks per person, and
- 5 bucks for a judge, cop, lawyer, politician, etc.
-
- >child or the adult? Oregon tried to create an explicit valuation system
- >based on public consensus (they held town meetings and conducted
- >surveys) and found themselves under much hostile criticism.
-
- But did the hostility come from Oregonians or DC-critters, real people
- or politicians? I discussed it with a few people and found no
- hostility.
-
- >How do people feel about such valuation? My impression is that people
- >find it to be morally repugnant. However, one cannot avoid making
-
- A number of netfolk have said the Oregon plan was not a good approach to
- containing health care costs, but they did not specify alternatives.
- The implicit alternative is long waiting lists, by which expensive
- procedures that provide little longevity are eliminated by letting the
- patients die in line. Explicit valuation would allow for rational
- judgements and a better allocation of resources while those denied
- megabuck operations would at least know where they stand.
- It is the only method by which I would even consider believing the
- Democrats (or Republicans) might control costs.
-
- But I don't want to drag my life out in some disease-infested hospital
- room, kept going by some machine. Those who want to expose their
- families to pathogens and futile expense in order to leech some
- final sympathy might disagree.
-
- George Tucker tucker@tcville.hac.com
- What is the world's largest government subsidy to agriculture,
- terrorism, speedboat manufacturing, organized crime, and prison
- construction?
-