Iceberg

another video I found on Vimeo, which I do not want to keep from you:

Bondi Icebergs from Jason Wingrove on Vimeo.

This blog more and more deals with the ongoing question of „what is passion?“ Well, this pool certainly requires a lot of passion and commitment. Cold water is still one of the things I really do not like. But getting out of cold water and taking a hot shower is one of the best things I can think of. Life is full of such conflicts… And passion can make you jump into the cold water because you already have an understanding of what this gets you.

Being an economist I always think back to value functions. Utility of the future is discounted with a predefined rate. Children for instance cannot think of the future that good, so there patience is low, which immediately results in a high discount rate. The more intelligent you become and the better you learn to think of the future, the more you value the future. Just like the hot shower…

 

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