Bentham was nonzero discount apparently (fn6). (He used 5% but only as an example.)
Mill thought about personal time preference (and was extremely annoyed by people’s discount there). Can’t see anything about social rate of discounting.
Bentham was nonzero discount apparently (fn6). (He used 5% but only as an example.)
Mill thought about personal time preference (and was extremely annoyed by people’s discount there). Can’t see anything about social rate of discounting.