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Exactly, any regulatory decision large or small usually has a ton of research and thought behind it. An interesting episode of planetmoney goes over the history
by onemiketwelve 6y ago
Exactly, any regulatory decision large or small usually has a ton of research and thought behind it. An interesting episode of planetmoney goes over the history of how to quantify harm/ a human life vs the cost of protective measures. https://www.npr.org/2020/04/15/835571843/episode-991-lives-vs-the-economy https://www.npr.org/2020/04/15/835571843/episode-991-lives-v...
Apparently the value sits at $10 million USD/ life now. If you take 57 babby * 10M / $200 / car seat = 2.8M car seats. There's apparently 3.7M babbies born in the US/ year. So I think if you accept these numbers it does still make sense.