The Forum > General Discussion > What is the dollar value of six months of life?
What is the dollar value of six months of life?
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Did you actually read my last post?
The passage you quoted embodies the type of thinking I said we should AVOID!
We should NOT think purely in economic terms.
Repeat NOT.
As in economics is NOT the only factor we should take into account.
Get it?
Not ONLY economics.
Understand?
At the same time I said we cannot IGNORE economics.
The whole thrust of my last post was that we need to do a BALANCING ACT between purely economic thinking and ignoring economics entirely.
Further Fractelle, everything has a point of DIMINISHING RETURNS. There is a strong case to be made that we are not spending enough on health care, that there are actual economic gains to be made on more health care spending. That does not mean we can go on increasing health care spending indefinitely.
However, I repeat, my view is:
--Economics should NOT be the only criterion
AND
--Economics CANNOT be ignore