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They are now asking about future welfare cuts.
Their future welfare would depend on how those investments panned out.
It reflects the DICE preferences of discounting future welfare at a high rate.
It was a landmark in the abolition of the workhouse; a cornerstone of the future welfare state.
They need to keep the lights on, but not by sacrificing the future welfare of humanity and Earth's living systems.
Accounting across generations highlights how today's bailouts conflict with the ability to make good on unfinanced future welfare and pension promises.
The rest will be raised by a rights issue, underwritten by the National Pension Reserve Fund (NPRF), a pot of money set aside to fund future welfare costs.
Also, because the very poor often have to struggle so hard that survival itself is often in doubt, their calculation of self-interest often heavily discounts future welfare.
It is also dawning on Europe's young that the debt built up by successive governments puts their future welfare provision at risk.
The current unsustainable patterns of production and consumption must be changed, in the interest of our future welfare and that of our descendants.
The haves who will inevitably provide a disproportionate share of the funding for future welfare states will need convincing to part with their cash.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com