How ‘mortality analysis’ can promote equity for the poor and vulnerable
“But studies also suggest that the cost of energy and fuel efficiency restrictions hits people with low incomes hardest. And when those with tight budgets have to spend more on fuel- or energy-efficient devices, they devote fewer resources to other items they value — including things that could possibly save their life one day. This could be healthier food, preventative medical care, a safer vehicle, exercise equipment, or countless other things.
Even well-designed regulations, those with more benefits than costs, don’t affect everyone equally. Regulatory burdens — whether paperwork, business compliance costs, or the headaches of dealing with a complex bureaucracy — are easier to handle for people with resources who can take a morning away from work, rely on an employee, or hire a lawyer. And so it’s easy to see how the higher prices and lower wages that accompany regulations are not equally distributed across society.”