We must make difficult trade offs. And we cannot put a price on human life. Problem! Can we solve by putting a price on *risk* instead? "$10 per micromort (one-in-a-million risk of death) averted" http://timharford.com/2020/04/how-do-we-value-a-statistical-life/ …
Is this like being in a jurisdiction where you can't gamble with money but you can gamble with tokens, so you spend a quarter to buy a token to gamble with that looks a lot like a quarter and is worth a quarter?
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Legit lol'd. Thanks Nate. Love the podcast!
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Thanks!
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