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Your logic will work if you put a price tag on a healthy and enjoyable life. Which is basically impossible for somebody to do for themself, because that's most
by vharuck 7y ago
Your logic will work if you put a price tag on a healthy and enjoyable life.
Which is basically impossible for somebody to do for themself, because that's most people's goal in how they use money. If somebody said, "The value of a healthy and enjoyable life for me or my loved one is $X," that'd mean they wouldn't spend their money if it cost over $X. Which is a ridiculous idea, and we've all seen it play out where people or their families shell out most of their wealth for the chance of living another month.
The only two ways I can see around this are:
1. Have an objective evaluator of life (maybe even accounting for differences in each person's value to society, if you really want to be accurate and don't mind the mobs with pitchforks).
2. Drop the idea of including health in the regular economy. Not totally possible, but public healthcare might be close enough.