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by vorpalhex
1997 days ago
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How much is the harm, in dollars, of securities fraud? Well the equation would be the expected profit based on the average share price over the given time period. We can argue details but that gives us a pretty tight range. How much is the harm, in dollars, of being grossly disfigured? There is definitely harm there. Is it the loss of earnings of the prostitute assuming she would make less money? That's some of it - the amount is at least that much. Yet presumably she also has less quality of life too - and how much is that worth? Is the basis for the quality of life of a prostitute less or more than a CEO? What if the prostitute really enjoys life and has a rewarding life, but the CEO is very drab and dislikes living? That it's hard to put monetary figures on a harm isn't some failure in our understanding - it's because we comprehend money is not a universal salve. You can fix a business with cash, you can't fix a human life with it. |
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