THE CORONAVIRUS - HUMAN LIFE OR ECONOMIC LIFE?
HUMAN LIFE OR ECONOMIC LIFE? By Bernard Bujold - Governments around the world put a financial value on every human life in their country! For Canada, based on the Treasury Secretariat's (federal agency) Cost-Benefit Analysis Guide, one economist estimates that a life is worth $9.5 million in 2020. In the United States, another economist puts a value of $14.5 million on a US human life. Thus, if the Quebec government manages to save 4000 lives thanks to its measures of isolation and stopping the economy, it would have preserved a "value" of 38 billion dollars. The federal government's direct measures targeting individuals will cost about $100 billion for a few months. Theoretically, the cost of saving lives exceeds the value of the lives saved . This analysis is signed by the newspaper La Presse but there are several others for each country in the world and used by their respective governments. SEE ANALYSIS LA PRESSE