If we were to put a value on life we would have to consider the fact that in the future we might be put in a position where we decide how much we are willing to spend so that a human life is saved. Frank partnoy mentions in his article, “ The cost of human life statistically speaking”, “If a human life is worth $8million, how much should we pay today to prevent an event that would result in the loss of ten billion human lives in 500 years” Placing a value on life always leads to the question “why not more?” You can not just say that one amount seems fair enough and that that is now to be considered the value of life.
