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The Cost Benefit Analysis for the Auto Industry
The DOT and NH TSA wanted to regulate the auto industry. They asked for a cost benefit analysis, which is basically just a math problem. One of the inputs on those math problems has to be the value of a human life. There was a 1972 document that said, everybody, this is the value ofA human life. We figured it out. It's $200,725. And what they did was they figured, yeah, really?
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