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Markets and Mortality: Economics, Dangerous Work, and the Value of Human Life

Markets and Mortality: Economics, Dangerous Work, and the Value of Human Life

Hardcover

EconomicsSocial Movements

ISBN10: 0521553067
ISBN13: 9780521553063
Publisher: Cambridge
Published: Feb 23 1996
Pages: 288
Weight: 1.28
Height: 0.85 Width: 6.20 Depth: 9.19
Language: English
This book provides a critical survey of conventional economic approaches to occupational safety and the analysis of environmental risk in general. The author concludes that unsafe work is not voluntary, that markets do not compensate workers for risk, and that attempts to put a monetary value on life and health are futile. He attributes the shortcomings of economic orthodoxy to its underlying approach to human decision-making and social interaction, and demonstrates that useful alternative approaches are available. The analysis is used to identify policies that combine effective regulation with democratic values.

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