We’ve already got a “Value of Statistical Life” in the US, and it’s higher than that. So you could justify lockdown on that alone
EPA recommends that the central estimate of $7.4 million ($2006), updated to the year of the analysis, be used in all benefits analyses that seek to quantify mortality risk reduction benefits regardless of the age, income, or other population characteristics of the affected population
EPA recommends that the central estimate of $7.4 million ($2006), updated to the year of the analysis, be used in all benefits analyses that seek to quantify mortality risk reduction benefits regardless of the age, income, or other population characteristics of the affected population
https://www.epa.gov/environmental-economics/mortality-risk-v...