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Short term thinking pays off and has been favoured by evolution, so human beings have a strong bias to choose short term benefit over long term gains. Local ma
by kartan 9y ago
Short term thinking pays off and has been favoured by evolution, so human beings have a strong bias to choose short term benefit over long term gains.
Local maximums, or even cul-de-sac paths that are good in the short term but fatal in the long one, are chosen by short term gain maximization.
To overcome this bias, we need better education of the general population - the ones that vote and choose our future - so they understand the situation.
About pensions, it is ridiculous to compare "working people"/"pensioners". The correct comparative is "production capacity"/"pensioners needs". Comparing the output of an employee from 1970 with a 2050s one (the future they talk about) makes no sense.
About climate change, and general environment protection, the article is spot on. We ripe the benefits while future generations pay the cost. That's the only reason we destroy so much to get so few, because we don't pay the cost.