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Uptime verified by Wormly.com

13 March 2007

Value of a life

I read a paper a few months ago that was discussing explanations for lower health care expenditure by the poor than by the rich. It suggested that the poor place a lower value on their own life and so spend less money preserving it. The reason they place less value on their own lives is because their lifetime income is lower. The idea is that you take better care of investments with higher returns. Totally insane.

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