Epstein Secrets

ok an interest in evolutionary biology. My friend Alan Rogers, a population geneticist | didn’t know all

sses the baton to the next. Our investment horizon is the generation length. Its reciprocal, or one over that period, gives our time preference rate. Jevons also saw time preference as the reciprocal of the period of production, but did not connect that to the generation length. I adjust Petty’s estimate

ed journal, and remains uncited as far as I know. Alan Rogers, a biologist at University of Utah, publis

productive consumption theory developed from Malthus through Mill in 1848. It lapsed from attention with the marginalist revolution beginning with Jevons and Menger in 1871, ironically the year of publication of Darwin’s The Descent of Man, because the marginalists treated explanations of tastes as irr

GHT_011154 Evolution and Human Choice over Time Alan R. Rogers” 1997 1 The connection between evoluti

the two as intellectual equals. Mill seems a clear second, thanks to his superb paragraph on growth. The candidates for third seem well behind. Maybe Jevons or John Rae or Leon Walras. Time has not been kind to the teachings of Keynes. I would now rank his teacher Alfred Marshall higher. I like Myrdal’s m