An American life worth less today
Friday, July 11, 2008 - 03:56
in Mathematics & Economics
(AP) -- It's not just the American dollar that's losing value. A government agency has decided that an American life isn't worth what it used to be. The "value of a statistical life" is $6.9 million in today's dollars, the Environmental Protection Agency reckoned in May - a drop of nearly $1 million from just five years ago.