Government and Institutions

Putting a value on life is the only way out of this crisis


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Mark Littlewood writes for The Times

If economists struggle with the unpleasant challenge of calculating trade-offs when it comes to human lives, politicians seem almost congenitally incapable of admitting they need to engage in the task“, writes the IEA’s Director General Mark Littlewood.

Writing for The Times, Mark argues that because “electoral politics increasingly revolves around presentation and seeking to display empathy, even if economists can can find a sensible, rational and balanced way out of this crisis, politicians are unlikely to adopt it”.

Read the full article here.



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