--- Alberto Monteiro <[EMAIL PROTECTED]> wrote:
> 
> The concrete example I gave - that if we judge that
> the life
> of a child is more valuable than the life of an old
> person
> who will die in two years *then* we being to
> devaluate
> all human lifes - just shows how pointless
> cost/benefit
> analysis is.
> 

A good point, you have proven that cost/benefit
analysis is imperfect.  How do we go about measuring
processes in the real world if we get rid of it?  Even
if we partially do so, we have to have some way of
quantifying the problem so that we can move forward
and solve it.  If we don't even try to quantify the
variables, it's not getting us as far as cost/benefit
analysis did.  Or do you propose something that
completely side steps measurement?

dean

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