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Greg the time/money thingy

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Gregory Goode wrote:

>

> Dear Amanda,

>

> Energy represented in numbers... Isn't *any* display of numbers and *any*

> geometry also a representation of energy?

>

> The natural process you described, of slicing unified wholeness into

> numeric/energetic parts, is actually part of the *spiritual* process too.

> The mind, itself one of these slices, seems to slice the wholeness into

> parts. Then the spiritual life is the attempt to put it back together

> again or to experience the wholeness once again.

>

> You are talking about some pretty deep kinds of time slices here. The

> kinds of time slices I was talking about in my academic work are much more

> an everyday kind of thing. I was investigating the *rationality* of choice

> over time. I was arguing that under idealized conditions, it is irrational

> to choose from impatience. This is called "pure time preference," and I

> was arguing that it is irrational. For working purposes, I was defining

> rationality as preferring more of a desired object to less of that object.

> For a crude example, take money. Assuming no hidden conditions, if I offer

> you $1000 or $2000, it is rational to prefer $2000.

>

> Imagine the following hypothetical cases. In philosophy you can make up

> any non-real-world example you'd like, since what you're trying to do is

> investigate a concept, not predict what people will really do.

>

> 1. I offer you a choice, right now, of $1,000 or $1,050.

> Right now. You take the greater amount, $1,050.

> I characterized this as rational.

>

> 2. I offer you a choice between $1,000 right now or $1,050

> in a week from now. You are under no doubt that you'll

> get either amount, should you choose it. You are under

> no time crunch of any sort, and there is 0.00% risk or

> undertainty or financial interest at play. Which amount

> do you take? I characterized the rational choice as

> taking the $1,050 in a week.

>

> I was arguing that it is rational to choose the greater amount in (1), and

> also rational to choose the greater amount in (2). Even if you had to wait

> a month or year, and even if the amount difference were only $10, it is

> still rational to choose the greater amount, just like you did in (1).

> Why? Because the passage of pure time itself is not a rational reason to

> prefer a lesser amount of a desired thing. The rational reasons to choose

> (such as choosing the greater amount, the less risky alternative, using the

> money when the needs are most pressing) have nothing to do with time, and

> could occur either now or later. They are other conditions. Time itself

> means nothing and has no rational status.

>

> I think this is a lot different from what you and Marcio were discussing,

> but if it would help, please pass on my info to him!

>

> Love,

>

> --Greg

>

 

Do you also assume that the recipient knows he has no chance of dying during the

waiting period? If so he is not human. Is human rationality

the standard?

 

andrew

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