This video is an update to my video ‘What is the real cost of meat?’. In this video I revisit the cost of the animal’s life. I also take a look at the cost of cruelty. Just like the video ‘What is the real cost of meat?’, I will be looking from the perspective of the animal rather than from the human perspective.
So what is the real cost of meat? Can we put a value on the life of an animal and if so, what should that value be? How can we include the value of an animal’s life in the price we pay for a meal containing meat? Also, what is the cost of cruelty? Can the cost of cruelty be included in the price of a meal containing meat? This video looks at the cost of a Big Mac and the additional costs that are placed on the Big Mac by Meatonomics. This video goes a step further than Meatonomics by including the value of the life of the animal slaughtered and the cost of cruelty to the animal in the price of the Big Mac.
Value of statistical life for a human has been adopted from the Environmental Protection Agency. This value has been adjusted for intelligence using the Encephalization Quotient and for age using the natural life expectancy and the average age of slaughter for the each animal. The cost per Big Mac has been calculated by dividing the calculated value of life of a cow by the number of Big Macs that could be made from her. Cruelty has been treated in a similar way. The cost of the loss of the animal’s life and the cost of cruelty has been added to the numbers produced by Meatonomics. According to my calculations, the cost of the Big Mac has increased to about $222.
The video can be watched at the link below:
The original video is available at:
If you are interested in more videos relating to economics check out my YouTube channel at: https://www.youtube.com/channel/UCILwyLtjl7ZTlYOqFkAwLzw
You can also find me on Facebook at: https://www.facebook.com/SpectrumEconomics
To find out more about Meatonomics approach go to:
https://meatonomics.com/
For more information on Veganism check out these videos:
101 Reason’s To Go Vegan at:
The Best Speech You’ll Ever Hear at:
COWSPIRACY at
http://www.cowspiracy.com/facts/
Forks Over Knives at:
http://www.forksoverknives.com/
Earthlings at:
