Friday, May 1, 2009

The Worth of an Indian or the PPP of Life

I have for years said that life in India was valued cheaply. Now we have a way to put a number on how cheap.

The UK has a population of 60MM and keeps 30MM doses of Tamiflu on hand for a flu outbreak where they expect a max 2.5% fatality rate. India has a population of 1,100MM and 2.0MM doses of Tamiflu on hand; max fatality expected is 5.0%.

Step 1:

60UKR = 30Tami
1UKC = .5Tami

1,100IR = 2.0Tami
1R = 2/1,100Tami or .0018

By substitition:

.5 = .0018
Or every UK citizen (or more properly resident) = 277.8 Indian residents

If one corrects for expected mortality then every UK resident is equal to 555.6 Indian residents.

If one corrects for venality, (while the State has arrogated all supplies of Tamiflu to itself you can bet they will not not dole out prophylactic doses on a first come first served basis - our jailbird politicians will be first in line) the worth of a poor person will be sub 2,000.

Perhaps this exercise will take some of the India shining shit off our politician's and businessmen's faces. A life that is valued at 600x+ the one that one leaves behind is reason enough to emigrate and explains why boat people exist.

Postscript - even if the government increases the doses at hand to 10MM as announced this still leaves the numbers at over 100x.

The calculation of similar ratios for other countries is left as an exercise for the reader. In general socialist Europe puts a higher value on its residents' lives than the uber capitalist US; HK is the outlier with 3.0x coverage for each citizen, making each HK resident and visitor 6.0x as valuable as a resident Briton. Could have have to do with the preponderance of money merchants in the city?

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