Pricing the lives saved by coronavirus policies
How does the effort to reduce risks to human life compare with the economic losses?
Attempts to get control over the Covid-19 coronavirus pandemic have created enormous economic disruptions throughout the world. These efforts also generate health benefits. But how does the value of the risk reductions to human life compare with the economic losses? Fortunately, there are accepted economic approaches for valuing these health effects and converting them into monetary terms, facilitating possible comparison with the economic costs.
Reducing mortality risks from coronavirus is
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