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Discounting the Future and Climate Chaos, or... the Story of the Duelling Economists
Episode 37
Published 4 years, 11 months ago
Description
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-the-Opposite segment, catch up with Jane Davidson and her ideas for establishing better governance and a livable environment. The interview with Jane was conducted by Vicki Robin in episode #16 of the excellent podcast What Could Possibly Go Right?