How Bad Math at Federal Agencies Undervalues Human Life
Agencies underestimate the value of human life by consistently ignoring health inflation and wealth inflation.
Ben Trachtenberg is a professor at the University of Missouri School of Law, where he teaches evidence, criminal procedure, and professional responsibility. He previously taught criminal law and environmental law at Brooklyn Law School. He develops his ideas about cost-benefit analysis further in “Health Inflation, Wealth Inflation, and the Discounting of Human Life,” an article in the Oregon Law Review.
Agencies underestimate the value of human life by consistently ignoring health inflation and wealth inflation.