For a recent issue of The European Journal of the History of Economic Thought, Henk-Jan Dekker discusses Discounting the Future by Liliana Doganova. Click here to learn more about the book. Click here to read the review. An excerpt appears below:

“Discounting is an economic tool with ethical and political stakes, particularly for inter- generational equity. It famously featured in the Stern-Nordhaus controversy in climate economics, where the discount rate choice is crucial for determining how many economic sacrifices we should make today to prevent future climate disasters. In Discounting the Future, Liliana Doganova examines discounting as it operates in economics. Located at the intersection of economic sociology and science and technology studies (STS), this timely book should interest historians of (applied) economic thought.”