Re:New York Governor announces 100% workforce reduction for ...
by fennecfoxen on Friday March 20, 2020 @10:33PM
(#22643768)
> How many hundreds of thousands or millions of preventable deaths are acceptable to you for a faster bounceback of the economy?
This is a really good question, because a dead economy is deadly too, and a shutdown is particularly hard on the people who can afford it least.
Normal Quality-Adjusted-Year-of-Life estimates are $50,000-$150,000. If this is a good estimate then ideally our economic shutdown won't pay much more than that overall; if we pay much more as a society, we have probably gone too far.
(And of course it feels bad to put a dollar value on a human life, so not everyone will want to do that. This doesn't change that we have to make this decision, though, it just means that we make our decision blindly and harm people more than we ought.)
How many hundreds of thousands or millions of preventable deaths are acceptable to you for a faster bounceback of the economy?