Economics of survival

To: jeffrey_sachs@harvard.edu
11 April 2001

...Most of the goals are susceptible to the problem that if the worst-off die, we are closer to the target. ...

To me, no outcome measure is humane unless it takes into account what happened to people who started the period but didn't make it to the end.   If the poorest die, the average income of those alive at the end of the period will be higher...