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How Many Lives has Vaccination Saved?

by Alex Tabarrok

Marginal Revolution

15 Dec 2021

A Commonwealth Fund study:

The methodology is somewhat unclear so take this with a grain of salt--many future studies will look at this question in great detail--but one million lives saved is not outside the realm of the possible. One million lives saved at a $7 million value of statistical life is a 7 trillion dollar savings. Keep this number in mind when evaluating pandemic investment.

Photo Credit: Lindsay Bonanno

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