Ultimate Price: The Value We Place on Life
ISBN: 0520343220
EAN13: 9780520343221
Language: English
Pages: 232
Dimensions: 1.00" H x 9.00" L x 6.00" W
Weight: 1.00 lbs.
Format: Hardcover

Ultimate Price: The Value We Place on Life

Book Overview
What are you worth, and to what ends? Individuals, families, and systems place a price on human life every day with the decisions they make. These human price tags combine both economic and social values, the wallet and the heart; from insurance payouts to carceral sentencing, we see discrepancies in the value of some human lives over others. The calculations that underlie these price tags and the dramatic ramifications they have on our lives are often buried in technical language. These price tags are sometimes unfair, yet they influence our economy, our laws and policies. In Ultimate Price , Howard Steven Friedman explains in simple terms how economists, corporations, regulators, and insurance companies make and use these price tags and illustrates how chauvinistic, white supremacist, or elitist values are reflected in them. He shows a multitude of ways people's lives are being valued, explains the methods involved, and then forcefully argues against the rampant unfairness in the system. Readers will be enlightened, shocked, and angered by the details of how these critical calculations work, as well as by the issues and implications hidden inside these impersonal equations that affect us all.
Editor Reviews
From the front Cover A timely and valuable study of how society values individual lives. Friedman gets to the heart of society priorities. Indispensable reading.--Kenneth R. Feinberg, Former Administrator of the September 11 Victim Compensation Fund. What is a human life worth? That question seems repugnant. The answers that society gives are often unfair and irrational. But our justice system, environmental regulations, product safety, life insurance, health care, and abortion decisions demand answers. This gripping book is essential reading on a topic that you'd like to avoid but can't.--Jared Diamond, Pulitzer Prize-winning author of Guns, Germs, and Steel and other best-selling books. This well-written book does an exemplary job of explaining the thorny issues of how life is valued.--Paul W. Thurman, DBA, Professor of Management and Analytics This book will find a ready audience among educated lay persons interested in how to put an economic value on life.--Kim Sweeny, Victoria University