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.

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