Why we need a ministry for the future (generations)

This is not about the book, this is about discount rates applied to long term, very long term, the pone where we are all dead, and so aour children, and their children all the way to 500 years which isn’t such a long span in histyorical terms but yields absurd results when using discount rates

It originates from chapter 4 of Stubborn Attachment by Tyler Cowen and ends up with Burke, worth giving it a second read, future generations is the ones we should fight the climate disaster for, thank Greta for reminding us, this issue is moral and philosophivcal with great practical implications: imagine a world where we keep negative interest rates by means of printing a lot of money and make the future generations more valuable than ourselves

https://www.williamrinehart.com/2021/one-dollar-delays/

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