Time Preference Quotes

“Think of a "discovery" as an act that moves the arrival of information from a later point in time to an earlier time. The discovery's value does not equal the value of the information discovered but rather the value of having the information available earlier than it otherwise would have been. A scientist or a mathematician may show great skill by being the first to find a solution that has eluded many others; yet if the problem would soon have been solved anyway, then the work probably has not much benefited the world [unless having a solution even slightly sooner is immensely valuable or enables further important and urgent work].”
― Nick Bostrom, Superintelligence: Paths, Dangers, Strategies

“We have seen in detail above that the ultimate earnings of factors go to the owners of labor and of ground land and, as interest, to capitalists. If land can be capitalized, does this not mean that land and capital goods are “really the same thing” after all? The answer to the latter question is No.25It is still emphatically true that the earnings of basic land factors are ultimate and irreducible, as are labor earnings, while capital goods have to be constantly produced and reproduced, and therefore their earnings are always reducible to the earnings of ground land, labor, and time.”
― Murray N. Rothbard, Man, Economy, and State / Power and Market: Government and Economy