Total fatality rate = covid19 fatality rate + economic distress death rate - reduced pollution life savings rate Integrate over decade, subtract from unmanaged pandemic rate to get lives saved, N Divide GDP depression G by N to get the value of a human life
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I don’t think anyone will like the answer
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Say critically ill lives saved = 10x lives lost. Assume 1 million dead (0.013%), so 10m lives (0.13%) saved due to shutdown. Divide GDP lost by world pop to get per-capita cost. For $10T GDP lost, that’s $1,333.33 per capita. Or $0.0001 per life. Each life saved worth $1 million
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Replying to @acslater00
Sure, that line of speculation is basically infinite so I won't go there. But it's more than just a floor. It is a measure of worth in the sense of that's what we are willing to pay. "True worth" is a solipsistic concept you can't do math with.
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Sure, but most of those are factored into business-as-usual. A highly exceptional shutdown cost allows for some fairly isolated and useful math imo. Otherwise you're boiling the ocean.
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