3 ms·
No, you don't even have life expectancy as it is confounded by several things: for one, there are racial differences between countries. It turns out some races
by chrisco255 1y ago
No, you don't even have life expectancy as it is confounded by several things: for one, there are racial differences between countries. It turns out some races are naturally prone to die earlier than other races, even when you control for income.
And how would you weigh life expectancy vs suicide rates? Let's say we try to create an index. You think life expectancy should be weighted at 80% and suicide rates at 20%? Why? There's no rhyme or reason for that figure, it just sounds good. Well it gets more and more confounding as you add up all the other vectors. Labor market participation now thrown into the same broad index, despite all three values being completely orthogonal.
There is no objective way to reconcile that.
- wing-_-nuts 1y agoI hold pat on my assertion. There are countless better measures of quality of life, and even the inventor of the metric admitted as much.