Great points Schalk.

It is commonly ignored in all financial calculations and political debate that how changing a single parameter can make so much of a difference.

Everyone talks about saving future generation, but no one (or few) actually understand the significance of the discount rate. In real world, it is not the emotions, but the discount rate that is the main decision parameter through which we assign importance to our future.

A simple, yet effective way of preserving future is often lost in financial spreadsheets.

--

Postdoctoral scholar who applies systems thinking to model circular economy running on 100% renewable energy systems and zero waste.

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store