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Putting a Price Tag on Life — Cost-Benefit Analysis & John Stuart Mill

Anne T. and Robert M. Bass Professor of Government

55:10·2009·introductory level
Path step 5: Critiques utilitarian cost-benefit aggregation when pricing human welfare.

Tests Bentham's utilitarian calculus against real corporate cost-benefit memos (Ford Pinto, Philip Morris) and Mill's distinction between higher and lower pleasures.

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Source: Harvard University via YouTubeWatch on YouTube

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