How should a person handle Time in making choices? That is, what if something that will clearly be a great Good for a long time were not at all good right now? Should one maximize personal utility moment-to-moment, or integrated over that which is yet to come? Must future goods get discounted in the calculation, perhaps by some implicit interest rate? How far need one look ahead — just for a lifetime, or over generations to come?
Saturday, February 19, 2000 at 06:47:27 (EST) = 2000-02-19
(correlates: SelfConfidence, SeverePrivilege, FutureSymp, ...)