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From: The Natural Philosopher <tnp@invalid.invalid>
Newsgroups: alt.folklore.computers,comp.os.linux.misc
Subject: Re: The joy of actual numbers, was Democracy
Date: Wed, 30 Oct 2024 15:29:00 +0000
Organization: A little, after lunch
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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.