The foreseeable future
What do we owe posterity? How much of our income are we entitled to consume, and how much should we save or invest for the benefit of future generations? A number of theorists have addressed these questions in a framework where the future is unbounded; the results of such studies tend to be dominate...
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| Veröffentlicht in: | Keynesian, Sraffian, computable and dynamic economics |
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| 1. Verfasser: | |
| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
2021
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| Schlagworte: | |
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Tag hinzufügen | Zusammenfassung: | What do we owe posterity? How much of our income are we entitled to consume, and how much should we save or invest for the benefit of future generations? A number of theorists have addressed these questions in a framework where the future is unbounded; the results of such studies tend to be dominated by the behavior of the model in the regime where the time variable approaches infinity. Arguments are presented here for setting a time horizon no more than a few generations forward, in order to raise the likelihood that the favors we do for the future will actually be welcome there. |
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| ISBN: | 9783030581305 9783030581336 |