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Time preference (great concept from Austrian economics) need not be a terribly long-term thing.
In a few months I'll turn 60, yet I'm stronger, more fit, and more energetic than 30 years ago, and I was no weakling at that point. I'm back up to my playing weight as a high school and college athlete. Why? In my case, Olympic free weights and a generally active life style.
After 40 years of healthy, not obsessive, eating, I live the payoff every day. Even now, I have already gained many years of productive and enjoyable life, as a single glance at nearly any of my age-mates demonstrates all too distressingly.
It has most decidedly not been a drag. I eat metric shitloads of tomatoes, because I love 'em. The prostate is also pleased. Olive oil, red wine, gobs of fish ... hard life department, eh?
Living like this may offer future benefits, but the real pay-off is NOW. That ought not be too hard to understand.
[Posted by: Bart Hall (Kansas, USA) at September 22, 2008 6:49 PM]
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