Why measure only death, as if it is the only terrible thing that can happen to someone?
That doesn’t count serious bodily injury, suffering, people who were victimized, people who had their lives set back for decades due to a missed opportunity, a person who missed the last chance to visit a loved one, etc.
There are uncountable different impacts that happen when you’re talking about events on the scale of an economy. Which is why economists use dollars. The proxy isn’t useful because it is more important than life, it it useful because the diversity of human experience is innumerable.
That doesn’t count serious bodily injury, suffering, people who were victimized, people who had their lives set back for decades due to a missed opportunity, a person who missed the last chance to visit a loved one, etc.
There are uncountable different impacts that happen when you’re talking about events on the scale of an economy. Which is why economists use dollars. The proxy isn’t useful because it is more important than life, it it useful because the diversity of human experience is innumerable.