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 Originally Posted by CoccoBill
Mostly because of the outrage of even attempting it would cause, with people clamoring how life is priceless. Well, it isn't, and the public and insurance sectors among others have routinely been using them in decision-making for ages. There's nothing mysterious or unknowable about them, we just lack the will and courage to work them out.
Here's where I'd disagree. The social effects of death on one's loved ones' happiness can't be quantified. Sure, you can say they take two weeks off work and that costs the economy X dollars, but you can't actually put a figure on their suffering.
When people say 'life is priceless', that's how I interpret it at least. Not that a single human life is worth all the wealth in the world, just that we can't turn its value into any number, financial or otherwise. Within a utilitarian perspective, it's pretty much impossible to quantify certain outcomes in terms of overall good.
And when you guys argue insurance companies or other businesses already do these equations, well that's because they don't give a shit about the people who are dying. If you made it the CEO's or chief economist's wife who was going to get it, they'd put down their calculators pretty fast imo.
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