Most economic calculations overly discount future generations (to near 0), leading to “rational” decisions that sacrifice the future for the present.
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Good read that at one point covers the philosophy of discount rates, and how they impact future generations: amazon.com/Ministry-Futur
Fiction but maybe not..
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dunno. find myself profoundly uncomfortable with the idea that we should 0 discount, and thereby not continue growth/innovation because incremental growth/innovation puts at risk the 10s of billions that could future become at ~current standard of living...
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for one thing, if you X out growth/innovation (and associated incentive structures) unclear the degree to which that creates profound political/societal fractures
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You might find this article interesting -- Related but focused on climate.
