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What's the value of your dog's life, and why it matters

  • Written by Simon F. Haeder, Assistant Professor of Public Policy, Pennsylvania State University
What's the value of your dog's life, and why it mattersYour lovable dog has a value of about $10,000, researchers suggest.Javier Brosch/Shutterstock.comr

Americans love their pets, spending more than US$70 billion last year on their beloved companions. This far exceeds the $7 billion spent on legal marijuana, and $32 billion on pizza, just for two examples.

Of the $70 billion, close to $20 billion pays...

Read more: What's the value of your dog's life, and why it matters

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