Crazy Town
Crazy Town
Post Carbon Institute
Discounting the Future and Climate Chaos, or... the Story of the Duelling Economists
1 hour 4 minutes Posted Apr 14, 2021 at 10:00 am.
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An argument between economists is usually as exciting as reading the phone book (what's that?), especially about something as boring-sounding as the discount rate. But it's an argument that underlies how governments and businesses solve (or don't solve) climate change. So, literally life and death stuff. Jason, Rob, and Asher explore why the discount rate, and discounting the future more broadly, is so deadly important, and why the number 0 is what our kids and grandkids deserve. In our Do-th...