Re:Battle to wipe out debilitating Guinea worm parasite hits...
by carlmr on Tuesday October 01, 2019 @12:42PM
(#21127517)
Exactly. Looking at other things to invest in the opportunity cost right now might already be higher.
Say you could have a slightly higher number of Guinea worms but stable for 1M a year. The 1M you save might save many more lives if used for something else with a higher impact.
At 28 infections per year it's almost guaranteed there's something else that's already much more efficient at preventing deaths.
Instead consider if it would cost 1B$ to eradicate them. Still a good thing to do... but the interest from 1B$/year is about 50M$ (order of magnitude). You could keep guinea worms completely eradicated and give away 48M$ to other things indefinitely.
(This is effectively the same calculation and efficient business should make for most any decision. Is the internal rate of return on this decision good enough to earn the money to do it.)