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   » » Wiki: Short-termism
Tag Wiki 'Short-termism'.
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Short-termism
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Short-termism is giving priority to immediate profit or reward, quickly executed projects and short-term results, over long term results and far-seeing action. In business and , it can work to undermine actions where results take time to mature "... and demand immediate outlays which may not produce tangible effects within any one government's term"., Encyclical letter – Laudato si’ of the Holy Father Francis – On care for our common home, paragraph 181, published 24 May 2015, accessed 30 April 2024

BBC journalist, Richard Fisher links short-termism to "a weakness in our thinking called , which favours short-term payoffs over long-term rewards".


See also
  • Hyperbolic discounting

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