Heteros are better at economics because of sexual orientation?
People with children have a greater stake in the future than people who live for the moment and don't procreate.
I know that I moved heaven and earth for my kids, and still do for my grandkids. That requires rational analysis of the real world.
/johnny
We take a longer view of things: what is good for our children’s children as opposed to: “In the end, we’re all dead.” An evil idea, which has always been the nexus of their goals and beliefs.
Keynes' famous remark about the predictably bad effects of his stimulus spending in the long run was that it didn't matter because "in the long run, we're all dead".
Well, if a family is not part of your scenario, you will predictably have something of a present, as opposed to a future, orientation.
Not that there's anything wrong with that.
Heteros are better at economics because of sexual orientation?
No, because they have a vested interest in the sucess of society present and future. Homos reject normality at even the basic levels.
"In the long run, we're all dead." --John Maynard Krebs
A childless homo can more afford a "screw future generations" and "spend it all now" philosophy.
“He was childless and his philosophy of life was essentially a short-run philosophy.” --Joseph Schumpeter
John Maynard Keynes would have done a great service if he had begun The General Theory of Employment, Interest and Money with the disclosure that he was a Bloomsbury aesthete and a practicing homosexual. He could have explained how he and friends did not believe in self-denial or consider that they had any obligation to posterity. (An historian has pointed out that Keynes’s famous remark, “In the long run we are all dead,” is easy to make if you have no children and don’t want any.) Perhaps as a result we might have lower federal deficits.--Henry Kaufman
I guess Ferguson has already retracted his statement, but hopefully this episode will open some eyes.
Hedonism vs responsibility
id vs ego.
grasshopper vs ants.
hedonism is only about now, responsibility is about future.