Beyond their control? If you are afraid of getting Rona, you can choose not to be around other people until it is gone. Getting it is completely within your control.
What do you think is the cost to society of smoking/drinking? Heart disease is the leading cause of death in the US. Yet, we don’t outlaw tobacco and alcohol. We allow people to take the risk...and to die.
In all likelihood, a depression will significantly increase my income. If it lasts for a decade then maybe it would start to impact my work. My kids should be fine in an individual sense, but their overall quality of life and the quality of life of their generation will not be. The crime rate that will go along with 30% unemployment will suck, as will the inflation that is coming our way. The loss of liberty is not “fine” for anyone.
Yes, I would make the same argument. I would do everything I can as an individual to save the lives of my loved ones, but I would respect the policies of leaders that are put in place for the benefit of the whole, not the individual. Of course, the life of someone I love is more valuable to ME than the life of a stranger. That fact is irrelevant to the determination of what is, or is not, proper policy for society.
Have you ever seen an actuary table or a work comp schedule? We (society) put a monetary value on “a life” all the time. It has to be done. Hell, we assign specific values to individual parts of a person, not just the whole. Here is but one of many charts doing just that.
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