Tim Mort

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But as we will see, there are tragic and revealing circumstances when the structures that allow for intertemporal thinking and action—curbing our high time preference for “now” and favoring a low time preference for “later”—become lost or damaged. In the worst of scenarios the person is left to drift constantly in the present with nary a thought or ability to grasp or plan for the future.
The Dao of Capital: Austrian Investing in a Distorted World
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