Sujet : Re: The joy of actual numbers, was Democracy
De : tnp (at) *nospam* invalid.invalid (The Natural Philosopher)
Groupes : alt.folklore.computers comp.os.linux.miscDate : 30. Oct 2024, 16:29:00
Autres entêtes
Organisation : A little, after lunch
Message-ID : <vftjbs$26v6n$2@dont-email.me>
References : 1 2 3 4 5
User-Agent : Mozilla Thunderbird
On 30/10/2024 15:23, Scott Alfter wrote:
In article <loctfjF6l90U3@mid.individual.net>,
rbowman <bowman@montana.com> wrote:
I can never remember if high time preference or low time preference is the
one that thinks '$100 today is better than a tomorrow that may never come'
but it does seem to be the dominant philosophy.
That's high time preference. From
https://www.sciencedirect.com/science/article/abs/pii/S0167739X21004982:
"Someone with a high time preference is highly focused on their well-being
in the present and the immediate future (a 'today person'), whereas
someone with a low time preference places more emphasis on their well-being
in the more distant future (a 'tomorrow person')."
Time span of discretion...from the 1960s
-- All political activity makes complete sense once the proposition that all government is basically a self-legalising protection racket, is fully understood.