Mythonomics: Is human life worthless? Behzod Hoshimov

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Gazeta.uz: Oʻzbekiston Yangiliklari

Published on Nov 27, 2024
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After a break of several months, “Gazeta.uz” continues the “Mythonomics” podcast. In this issue, New York University professor and economist Behzod Hoshimov was a guest and answered questions about the valuation of human life by economists and why this is necessary. Who should pay compensation to the family of a person who dies due to accidents or other reasons and how much? What if people are injured? Why is it important to take into account the value of human life in state policy to reduce the number of deaths from traffic accidents? The video discusses such questions. Video: Maʼmurjon Obrahmatov / “Gazeta.uz” 00:00 — Teaser 00:36 — We started 01:00 — Why did economists start measuring the value of human life, even though it sounds morally ugly? 06:37 — About calculations during the Covid pandemic 14:01 — About those who do not want to pay for a life lost through their own fault 15:51 — About calculations for Uzbekistan and what is the minimum value 20:49 — How should compensation be calculated in cases such as the “Dok-1 Max” case and the accident in Boysun? 28:03 — About paternity, abstract measures and payment of compensation in a specific amount 30:30 — About the consequences of road accidents and the value of human life 35:48 — About the insurance system Telegram – https://t.me/gazetauz_uzb Facebook – / gazetauz Instagram – / gazetauzbekistan Twitter – / gazeta_uz

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