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344. Who Decides How Much a Life Is Worth?

Freakonomics Radio

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Valuing Human Life: Challenges and Complexities

Exploring the intricacies of determining the value of life, this chapter delves into the emotional responses of corporate officials to compensation cuts post-bailout, contrasting it with the distribution of funds to victims of tragedies. It discusses the concept of the value of a statistical life, examining the historical approaches and challenges in assigning a monetary figure to human life.

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