On Michael D. Bayles's 'The Price of Life'
Ethics 125 (4): 1154-1156 (2015).
4 Pages Posted: 22 Oct 2017
Date Written: 2015
Michael D. Bayles’s “The Price of Life” is a philosophical work that every ethicist should read. Bayles’s article, which offers frameworks for understanding an individual’s valuation of his own life, social policy’s valuation of lives, and the interaction between the two, is important for various reasons, two of which will be discussed here. First, and most importantly, it makes progress on a problem of great theoretical and practical significance — though Bayles himself fails to recognize a key aspect of his own contribution. Second, it provides us with tools that can improve our ability to make decisions that appropriately account for small risks.
Suggested Citation: Suggested Citation