ABitcoinGuy on Nostr: “The process of civilisation is initiated with the lowering of time preference, ...
“The process of civilisation is initiated with the lowering of time preference, which results in capital accumulation, increased productivity, and improved living standards, in turn encouraging further reduction in time preference in a continuous amplifying spiral” -
saifedean (npub1gdu…6nak) Above quote taken from Dr. Saifedean Ammous ‘Principles of Economics’
Our ability to think ahead and plan accordingly Anon is how our species has made progress throughout the eons.
Published at
2023-09-15 11:30:47Event JSON
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"content": "“The process of civilisation is initiated with the lowering of time preference, which results in capital accumulation, increased productivity, and improved living standards, in turn encouraging further reduction in time preference in a continuous amplifying spiral” - nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak \n\nAbove quote taken from Dr. Saifedean Ammous ‘Principles of Economics’\n\nOur ability to think ahead and plan accordingly Anon is how our species has made progress throughout the eons.",
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