Jam Tomorrow? : Why Time Really Matters in Economics.

Format:

Book

Author/Creator:

Crowson, Charles.

Language:

English

Subjects (All):

Time perception.

Environmental economics.

Physical Description:

1 online resource (200 pages)

Edition:

1st ed.

Place of Publication:

London : Whitefox Publishing Limited, 2023.

Summary:

We all know time is precious. Despite this, economics generally regards time as a unit of measurement rather than as something inherently valuable. What makes this strange is that economics as a discipline has always been something of an academic cuckoo in the nest, borrowing ideas from elsewhere. While it is over a hundred years since Einstein's theories of relativity revolutionised our concept of time, economics still labours under the old Newtonian conception of it as a sort of fixed, intergalactic tape measure - until now. In Jam Tomorrow?, Charles Crowson presents a new theory of value at the heart of which lies our ever-changing perception of time. Humans are unique in their degree of self-awareness; particularly the awareness of their existence in time. As the basic economic choice is one of consuming in the present or saving for the future, all such choices are ultimately decisions about time. This means that we alone are the animal that chooses to save, since we alone understand that our actions in the present can affect the future. Jam Tomorrow? recasts economics as a question of the balance between our needs and desires in the present and those of the future. This makes our changing perception of time a kind of invisible ink that links the micro to the macro, the past to the future, and that offers a new and challenging way of understanding the relationship between value, price, money and credit.

Contents:

Intro

Cover

Title Page

Copyright

Contents

Introduction: The Marshmallow Test Redux

Chapter 1: Timely Meditations

Chapter 2: An Englishman's House Is His Ladder

Chapter 3: For What It's Worth: the Nature of Value

Chapter 4: The Money Value of Time

Chapter 5: Safety in Numbers: Saving, Investment and the Urge to Count

Chapter 6: Nice in Theory: the Scientific Basis for Economics

Chapter 7: In Search of Free Time: Solving the Economic Problem

Bibliography

Index.

Notes:

Description based on publisher supplied metadata and other sources.

Part of the metadata in this record was created by AI, based on the text of the resource.

Other Format:

Print version: Crowson, Charles Jam Tomorrow?

ISBN:

9781915635631

OCLC:

1405938474