2min chapter

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#98 – Christian Tarsney on future bias and a possible solution to moral fanaticism

80,000 Hours Podcast

CHAPTER

The Concept of Money Pumping

A money pump is a sequence of choices where an agent with particular dispositions will leave er definitely worse off than some other series of options might have. The classic example is, if you have syclic preferences - i prefer apples to bananas but oranges are just sort of incomparable to both. A ses of choice doesn't leave you definitely worse off. But in other cases like the transitivity case, your preferences seem to sort of commit you, or force you to do the thing that leaves you Definitely Worse Off.

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