Pricing Lives

Pricing Lives

Author: W. Kip Viscusi

Publisher: Princeton University Press

Published: 2020-10-06

Total Pages: 289

ISBN-13: 069120859X

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How society’s undervaluing of life puts all of us at risk—and the groundbreaking economic measure that can fix it Like it or not, sometimes we need to put a monetary value on people's lives. In the past, government agencies used the financial "cost of death" to monetize the mortality risks of regulatory policies, but this method vastly undervalued life. Pricing Lives tells the story of how the government came to adopt an altogether different approach--the value of a statistical life, or VSL—and persuasively shows how its more widespread use could create a safer and more equitable society for everyone. In the 1980s, W. Kip Viscusi used the method to demonstrate that the benefits of requiring businesses to label hazardous chemicals immensely outweighed the costs. VSL is the risk-reward trade-off that people make about their health when considering risky job choices. With it, Viscusi calculated how much more money workers would demand to take on hazardous jobs, boosting calculated benefits by an order of magnitude. His current estimate of the value of a statistical life is $10 million. In this book, Viscusi provides a comprehensive look at all aspects of economic and policy efforts to price lives, including controversial topics such as whether older people's lives are worth less and richer people's lives are worth more. He explains why corporations need to abandon the misguided cost-of-death approach, how the courts can profit from increased application of VSL in assessing liability and setting damages, and how other countries consistently undervalue risks to life. Pricing Lives proposes sensible economic guideposts to foster more protective policies and greater levels of safety in the United States and throughout the world.


Valuing Lives, Healing Earth

Valuing Lives, Healing Earth

Author: L. Dube

Publisher: Peeters

Published: 2021-06-25

Total Pages: 298

ISBN-13: 9789042943858

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Valuing Lives, Healing Earth: Religion, Gender, and Life on Earth analyzes and amplifies advocacy for gender and ecological justice in Asia, Africa, and the Americas, focusing on women who embody commitments to healing the earth and valuing lives rendered vulnerable by problematic social systems. The volume features essays from leading scholars Ivone Gebara (Brazil), Aruna Gnanadason (India), Rosemary Radford Ruether (U.S.), and Sylvia Marcos (Mexico) among renowned, established, and emerging scholars concerned with religion, environment, gender, and the many intersections between them in real life. The volume highlights scholarship on practical work by women globally, who labor toward greater justice for a diverse humanity and biodiverse nature, exerting collaborative solidarity, grounded love, and realistic hope for the future. This timely book presents compelling arguments of the intimate connections between gender, ecology, colonialism, indigeneity, and Christianity from global perspectives. Pertinent case studies, rigorous social analyses, and sound theological reflections make this book a must read for scholars, activists, Christian leaders, and students. In the gloomy days of record temperature, wildfires, and tropical storms, the authors offer hope and vision to fight climate change. Kwok Pui-lan, Dean's Professor of Systematic Theology, Candler School of Theology at Emory UniversityRosemary Radford Ruether's contribution to ecofeminist theology cannot be overestimated. This signal volume, including voices from all over the world, is a fitting unfolding of the trajectory Rosemary set ... in her pioneering effort to value each living creature, human and otherwise, and to heal Earth of the wounds inflicted by a ruthless human(un)kind. These essays ... provide a partial roadmap for moving forward as a global community. From diverse starting points, the authors explore crucial issues that a great theologian projected. What a legacy, what a challenge! Mary E. Hunt, a feminist theologian, is co-director of the Women's Alliance for Theology, Ethics, and Ritual (WATER) This timely collection is an homage to Rosemary Ruether's foundational work linking social and environmental justice. A collaboration of diverse feminist writers from both the Global South and the Global North, the book delivers a sophisticated and nuanced engagement with current critical issues involving climate, biodiversity, and human diversity in its complexity. The alleviation of human suffering and healing the earth emerge as important components of the pursuit of justice. Frida Kerner Furman, Professor Emerita, Religious Studies, DePaul University


Valuing Life

Valuing Life

Author: John Kleinig

Publisher: Princeton University Press

Published: 2014-07-14

Total Pages: 305

ISBN-13: 1400862280

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Abortion, euthanasia, capital punishment, war, genetic engineering and fetal experimentation, environmental and animal rights--these topics inspire some of today's most heated public controversies. And it is fashionable to pursue these debates in terms of the negative query "Under what conditions may life be disregarded or terminated?" John Kleinig asks a different, more positive question: What may be said in behalf of life? Looking at the full range of appeals to life's value, he considers a variety of issues. Is livingness as such to be affirmed and respected? Is there an ascending order of plant, animal, and human life? Does human life possess a distinctive claim, or must we discriminate between humans that do and humans that do not have claims on us? Kleinig shows that assertions about valuing life camouflage a complex normative vocabulary about worth, reverence, sanctity, dignity, respect, and rights. And "life," too, is subject to an assortment of understandings. Sensitive to the frameworks informing diverse appeals to life's value, this comprehensive work will interest readers concerned with the environment, animal rights, or bioethics. Originally published in 1991. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.


Crooked Thinking or Straight Talk?

Crooked Thinking or Straight Talk?

Author: Ken Binmore

Publisher: Springer Nature

Published: 2020-01-14

Total Pages: 130

ISBN-13: 3030395472

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Why can't we think straight about the big issues that face our society? Why are we taken in by the phony arguments of populists and scammers? Where are the philosophers hiding when we need them to tell us what makes sense? They are hiding because they have nothing to say. The airy-fairy answers offered by writers of footnotes to Plato were wrong two thousand years ago, and they are still wrong now. All this time, we should have been listening to a different but equally venerable branch of matter-of-fact philosophy pioneered by the much-maligned philosopher Epicurus. His ideas were suppressed in ancient times as heretical, but the development of the theory of games and decisions makes it timely for those of us who care about science to revive his style of thinking–not just about the world around us but about ourselves as well. The price of transferring our allegiance to Epicurus and his modern followers is that we can no longer enjoy the luxury of being told what we want to hear. It would be nice if we were really equipped with a hotline to a metaphysical world of transcendental ideals, but the truth is that we are just the flotsam left behind on the beach when the evolutionary tide went out, and we have to get real about what will and will not work for our imperfect species before it is too late. This book is an attempt to point the way. It has no equations and very little jargon; nor does it pull any punches, either in explaining how game theory works or in exposing the follies of famous metaphysicians.


Know Your Price

Know Your Price

Author: Andre M. Perry

Publisher:

Published: 2020

Total Pages: 0

ISBN-13: 9780815737278

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Changing perceptions about the worth of African Americans and their communities Know Your Price establishes new means of determining value of Black communities. The deliberate devaluation of Blacks and their communities, stemming from America's centuries-old history of slavery, racism, and other state-sanctioned policies like redlining have tangible, far-reaching, and negative economic and social impacts. Rejecting policies shaped by flawed perspectives, the book gives fresh insights on these impacts and provides a new value paradigm to limit them. In the book, noted educator, journalist, and scholar Andre Perry takes readers on a guided tour of five Black-majority cities whose assets and strengths are undervalued. Perry begins the tour in his hometown of Wilkinsburg, a small city east of Pittsburgh that, unlike its much larger neighbor, is struggling and failing to attract new jobs and industry. Perry gives an overview of Black-majority cities and spotlights four where he has a deep connection to--Detroit, New Orleans, Birmingham and Washington, D.C.--providing an intimate look at the assets residents should demand greater value from. Know Your Price demonstrates through rigorous research and thorough analysis the worth of Black people's intrinsic strengths, real property, and traditional institutions. All of these assets are means of empowerment, as Perry argues for shifting away from simplified notions of equality and moving towards maximizing equity.


Valuing Life

Valuing Life

Author: Cass R. Sunstein

Publisher: University of Chicago Press

Published: 2014-09-05

Total Pages: 257

ISBN-13: 022612942X

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“Clear explanations and concrete examples of how the behavioral orientation in economics can contribute to the world of cost/benefit policy formulation.” —Choice The White House Office of Information and Regulatory Affairs (OIRA) is the United States’ regulatory overseer. In Valuing Life, New York Times–bestselling author and legal scholar Cass R. Sunstein draws on his firsthand experience as the Administrator of OIRA from 2009 to 2012 to argue that we can humanize regulation—and save lives in the process. As OIRA Administrator, he helped oversee regulation in a broad variety of areas, including highway safety, health care, homeland security, immigration, energy, environmental protection, and education. This background allows him to describe OIRA and how it works—and how it can work better—from an on-the-ground perspective. Using real-world examples, Sunstein makes a compelling case for improving cost-benefit analysis, a longtime cornerstone of regulatory decision-making, and for taking account of variables that are hard to quantify, such as dignity and personal privacy. He also shows how regulatory decisions about health, safety, and life itself can benefit from behavioral and psychological research, including new findings about what scares us, and what does not. By better accounting for people’s fallibility, he argues, we can create regulation that is at once more human and more likely to achieve its goals. In this highly readable synthesis of insights from law, policy, economics, and psychology, Sunstein breaks down the intricacies of the regulatory system and offers a new way of thinking about regulation that incorporates human dignity—and an insistent focus on the consequences of our choices. “What happens when the world’s leading academic expert on regulation is plunked into the real world of government? . . . Valuing Life describes both how Sunstein’s ideas about regulation influenced his tenure in government, and how his experiences in government have influenced his ideas about regulation. This immensely rewarding book . . . should be read by everyone who cares about how our government works.” —Eric A. Posner, coauthor of Radical Markets