Lives Vs. The Economy

#991: Lives Vs. The Economy

4/15/2020 by NPR

Episode: https://play.podtrac.com/npr-510289/edge1.pod.npr.org/anon.npr-podcasts/podcast/npr/pmoney/2020/04/20200415_pmoney_pmpod991-9b8e3d51-eb7c-4c2c-bc77-18bb2780fdc5.mp3?awCollectionId=510289&awEpisodeId=835571843&aw_0_1st.cv=yes&orgId=1&topicId=1017&aggIds=812054919&d=1524&p=510289&story=835571843&t=podcast&e=835571843&size=24339330&ft=pod&f=510289

Is it worth it to shut down the economy to save lives? How do you know when to reopen it? Should we let people die to save the economy? Economists say each human life is worth about $10 million dollars. How did they get that number?

I think the traditional Cost of Death analysis makes more sense than Kipp’s formula which in many ways exaggerates the value of life especially for the elderly. It might not be the politically correct thing to say but I think it’s the one most supported by reality and the numbers.

413. Who Gets the Ventilator?

413. Who Gets the Ventilator?

4/15/2020 by Freakonomics Radio

Web player: https://podplayer.net/?id=102209510
Episode: https://chtbl.com/track/288D49/traffic.omny.fm/d/clips/aaea4e69-af51-495e-afc9-a9760146922b/14a43378-edb2-49be-8511-ab0d000a7030/4dc01382-3f38-4db9-8855-ab9e016247a9/audio.mp3?utm_source=Podcast&in_playlist=d1b9612f-bb1b-4b85-9c0c-ab0d004ab37a

Should a nurse or doctor who gets sick treating Covid-19 patients have priority access to a potentially life-saving healthcare device? Americans arenโ€™t used to rationing in medicine, but itโ€™s time to think about it. We consult a lung specialist, a bioethicist, and (of course) an economist.

I had no idea that this was set out in state law and is a decision made after a complicated mathematics formula.

April 18, 2020 Afternoon

Good afternoon! Cloudy with a few snow flurries and 38 degrees at the East Branch Sacandaga River Gorge. โ„ There is a north-northeast breeze at 5 mph. ๐Ÿƒ. There is a dusting of snow on the ground. โ˜ƒ Today, normally the average high in Albany is sixty but that certainly is not the case up north. At least we only got a dusting of snow on the ground and it’s almost gone at this point. ๏ธTemperatures will drop below freezing at around 10 pm. โ˜ƒ๏ธ

This weekend camping up at the East Branch Sacandaga River โ›บ and doing a little hiking ๐Ÿšถ and maybe fishing ๐ŸŽฃ on Sunday. As usually is pretty quiet up here although I passed a fishermen on NY 8 and a husband and wife at the falls. I’m a bit surprised, I didn’t think this trail was real popular. Still waiting on the sun โ˜€ to come out later today. Had some brief moments of sun but I kind of expected the afternoon to be half decent.

This afternoon will have a slight chance of rain and snow showers before 1pm. Partly sunny ๐ŸŒง, with a high of 43 degrees at 4pm. 17 degrees below normal, which is similar to a typical day around March 14th. North wind around 6 mph. Chance of precipitation is 20%. A year ago, we had cloudy skies. The high last year was 58 degrees. The record high of 90 was set in 1976. 2.7 inches of snow fell back in 1887.โ„

Solar noon ๐ŸŒž is at 12:56 pm with sun having an altitude of 57.5ยฐ from the due south horizon (-12.4ยฐ vs. 6/21). A six foot person will cast a 3.8 foot shadow today compared to 2.2 feet on the first day of summer. The golden hour ๐Ÿ… starts at 7:05 pm with the sun in the west (280ยฐ). ๐Ÿ“ธ The sunset is in the west-northwest (286ยฐ) with the sun dropping below the horizon at 7:44 pm after setting for 3 minutes and 3 seconds with dusk around 8:13 pm, which is one minute and 12 seconds later than yesterday. ๐ŸŒ‡ The best time to look at the stars is after 8:50 pm. At sunset, look for mostly clear skies ๐ŸŒ„ and temperatures around 40 degrees. There will be a west-northwest breeze at 9 mph. Today will have 13 hours and 36 minutes of daytime, an increase of 2 minutes and 50 seconds over yesterday.

Tonight will be mostly clear ๐ŸŒƒ, with a low of 30 degrees at 1am. Nine degrees below normal, which is similar to a typical night around March 28th. West wind 6 to 9 mph. In 2019, we had light rain in the evening, which became mostly clear by the early hours of the morning. It got down to 55 degrees. The record low of 18 occurred back in 1875.

While it will rain on Sunday evening, โ˜” I don’t have any reason to rush home tomorrow as no Sunday dinner at folks house and work is just a matter of rolling out of bed and showing ๐Ÿšฟ and prepping for the Monday morning Zoom meeting. ๐Ÿ“น So I expect a lazy Sunday, going to warm and nice enough to lay in the hammock then hike to the little visited back side of Auger Falls with a fishing pole. ๐ŸŽฃ Then leave by six or so in the evening so I don’t have to drive most of the way back home in the dark.

Looking ahead, there are 4 weeks until Average High is 70 ๐Ÿฎ when the sun will be setting at 8:16 pm with dusk at 8:49 pm. On that day in 2019, we had partly sunny and temperatures between 69 and 48 degrees. Typically, the high temperature is 70 degrees. We hit a record high of 89 back in 1991.

Clouds and Landscape

Why wilderness now!

Why wilderness now! ๐ŸŒฒ

  • I stopped by one of the many waterfalls in the East Branch Gorge to stop and think.
  • While they’re are many places you can do it
  • Something about the wilderness gets you to provoke and think about your surroundings
  • Its a place where you can be alone
  • Except for nature
  • Where there is no time or clock or rules to follow
  • Where you can study the birds and listen to the roar
  • Of the water fall on a cloudy spring day

New Benett Hill Overlook

A short video I took of the new overlook on Bennett Hill. It has some really nice views -- definitely worth a hike if you haven't been up there in a few years.