Within the newest episode of CBS Sunday morning is a 7+ minute phase on recovering bits of our bodies from a navy transport airplane that crashed in Alaska in 1952.
In all probability most viewers will get out of it what the CBS producers needed them to: how neat it’s and essential it’s to the kin to recuperate these bits of our bodies. I don’t problem their values; completely different individuals have completely different values. My very own are fairly completely different. Once I arrived in Toronto in November 2018 to go to my sister and discovered that she had died 2 days earlier, I had the choice of going to the morgue and seeing her physique. I selected to not. To me, that physique wasn’t her.
What I acquired out of the phase was very completely different. It was an indicator of how rich we’re. Varied individuals with varied values of time, a few of them in all probability fairly excessive, exit every year to assist recuperate possessions and components of our bodies. The price of that in time worth alone must be big. Which suggests the worth is even huger, or they wouldn’t do it. (Except, in fact, they’re backed by the federal government however my sense is that subsidies, if any, are small.) So why is the worth so excessive? As a result of we’re so rich. These sorts of actions are what economists name “regular items.” We would like extra of them as our wealth will increase.
Word: The pic above is of the C-124 Globemaster, the kind of airplane that went down in Alaska.