Age and the [Economic] Value of Life?

A Further Reply

By Bryan Caplan

“Old Lives Matter.”

I fully agree with the title of Jeremy Horpedahl’s latest reply on the value of life.  To say that the life of an 80-year-old is worth 1% or .1% as much as the life of a 10-year-old is not deny the high value of elderly lives, because 10-year-old lives are immensely valuable.

However, I disagree with almost all of Jeremy’s arguments.  To wit:

LINK: https://www.econlib.org/age-and-the-value-of-life-a-further-reply/

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Textbook: https://www.amazon.com/Comprehensive-Financial-Planning-Strategies-Advisors/dp/1482240289/ref=sr_1_1?ie=UTF8&qid=1418580820&sr=8-1&keywords=david+marcinko

Your thoughts are appreciated.

THANK YOU

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