The US government is being sued by teenagers who say it hasn’t done enough to protect future generations from climate change. The case raises the crucial question of how we weigh up society’s future rights.
French economist Thomas Piketty and his book Capital in the Twenty-First Century are a global publishing phenomenon. But while Piketty’s writing on wealth inequality has been widely debated, far fewer…
Adam Kucharski, London School of Hygiene & Tropical Medicine
For most people, a chocolate today is better than one tomorrow. Economists refer to this as “future discounting”, where we prefer to have nice things now rather than wait and unpleasant things later rather…