is there any reasonable economic model in which "crime doesn't pay" could be true?
“high time preference sucks in the long run” something like that yeah
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they're always high time preference when compared with the work required to come by the same magnitude of wealth honestly
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i can never figure out from context (such as here) if 'high time preference' means 'want the thing now' or 'can wait till later for the thing' and i wish to christ some other, better phrase had caught on
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petition to replace "high time preference" with a big "POOR IMPULSE CONTROL" stamp on your forehead
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