I wonder if we could make more hay of this somehow? I was thinking of
offering a reward for any economist who would come forward and defend this
as efficient.
Wherein it is suggested that, according to the official numbers, the
cost of saving a life in Iraq by following the President's policies is
$40 million.
http://www.dailykos.com/story/2007/3/28/225215/635
Robert's case is too conservative in one sense. The $3 million value of
the "cost
of a statistical life" is on the high side of what the government uses.
In any case, it was an excellent post.
On Wed, Mar 28, 2007 at 10:43:32PM -0500, Robert Naiman wrote:
Wherein it is suggested that, according to the official numbers, the
cost of saving a life in Iraq by following the President's policies is
$40 million.
http://www.dailykos.com/story/2007/3/28/225215/635
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com