Can economists weigh life versus livelihoods?

In this interview, I discuss how Coronavirus provides us with an example of decision making under uncertainty. Although it is a case of decision making under EXTREME uncertainty, a great deal of policy making, I'd say most, should be understood as essentially the same. It might be more 'normal' but what stands out is our ignorance. Certainly in the social sciences, we should never forget how profoundly ignorant we are.