Deathly loyalty: the amounts of payments that the Russian state promises for the dead are slightly higher than Russians’ average estimates of the cost of their own lives
A year ago, it was so easy for Putin to start a war, partly because human life in Russia is very cheap. Economists Antonio Avila-Uribe (LSE) and Jamilya Nigmatulina (HEC Lausanne) estimated it at 10 million rubles, having studied how much Russians were willing to overpay for air tickets in the first days after the start of mobilization in September 2022. Insurance companies often calculate the subjective “cost of life”.