Interesting thoughts from David Eagleman:
Some years ago, psychologists posed a deceptively simple question: if I were to offer you $100 right now, or $110 a week from now, which would you choose? Most subjects chose to take $100 right then. It didn’t seem worthwhile to wait an entire week for only $10 more.
And the further an event lies in the future, the less people care about it. So if offered $100 now or $500 18 months from now, many people still take the $100. The consequence is that there’s little difference between President Obama promising 18 months from now versus 18 years from now. In the human ken, both are obscured in the mists of the distant future.
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