Monday, January 22, 2007


At Free Exchange, the subject is the choice of a zero discount in the British Government-commissioned Stern Report on global warming.
In everyday language, that means that when weighing costs and benefits accruing to those of us alive now, against the costs and benefits to future generations, we get no "extra credit" for being alive closer to this year. A 1% decrease in income today is treated as the exact equivalent of a 1% decrease in income 200 years from today.

Which raised the question how one
might logically reconcile favouring legal abortion, on the one hand, and perfect concern for the welfare of unnamed descendants 2,000 years hence.

(via Iain Murray at The Corner)


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