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Pastimes : The New Qualcomm - write what you like thread.
QCOM 174.810.0%Dec 26 9:30 AM EST

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To: Neeka who wrote (6188)4/14/2003 7:41:00 PM
From: carranza2  Read Replies (1) of 12246
 
I defended a lot of personal injury cases in the first half of my career. While I still do to some extent, they're no longer the big part of my practice. I recall one death case in which the plaintiff's attorney hired some high-priced hired-gun forensic economist from Chicago who--presto!- said he had invented a way to put a value on a human life. His methodology was to figure out the total amount we spent as a society in trying to preserve and protect human life from harm, then divide the figure up among the number of living Americans. He took guard-rails on bridges, the total cost of medical care, the cost of air bags, the amount spent on safety equipment, ad nauseum, until he came up with an an enormous amount per life. Several million dollars, as I recall.

Needless to say, I got the judge to throw him out as a junk science witness. But I always thought in the back of my mind that perhaps he was onto something.
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