Why Driving is Safer in Sweden

An economist might say that the optimal number of traffic fatalities depends on the cost of preventing them. Sweden disagrees. Compared to most other countries, Sweden’s road safety is tops: In the European Union, Sweden and Norway have the low…

Why a Life Needs a Price Tag

Although it seems callous, for safety regulation like speed limits and for victims’ compensation like 9/11 we need to quantify the value of a life.