Ethical Implications of Long-Term Consequentialism in Decision-Making

This chapter explores the ethical considerations of incorporating future generations into decision-making processes, particularly in economics. Discussions focus on discount rates, the moral implications of discounting the well-being of future populations, and the influence of philosophical views on economic models, emphasizing the importance of considering existential risks and long-term consequences. The speakers talk about the impact of economic growth on moral progress, sustainability, and potential risks, highlighting the challenges of applying consequentialism to decision-making scenarios.