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lumberjack_jeff

(33,224 posts)
3. Exercise is an act of optimism.
Sun Apr 26, 2015, 03:38 PM
Apr 2015

Tomorrow can be better because of something I'm doing today, and me-in-the-future deserves this investment.

Even when we want something for rational reasons, there are many ways we don’t go about getting it in the most rational way (Daniel Kahneman’s Thinking Fast and Slow is a great source here). One big one I don’t think Kahneman mentions: We often think of our future selves in the same way we think of other people. So yeah, buying that soda now will give me-in-the-future a big gut, while not buying it will give me-in-the-future less gut and more money. But I still buy that soda because screw him. That ain’t rational, but it’s how we think.

http://economixcomix.com/2014/11/19/what-is-our-children-learning-or-greg-mankiw-and-the-terrible-horrible-no-good-very-bad-textbook/

It is the exact opposite of the belief trap that keeps people poor.

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