In Klaus Goetz (ed.), The Oxford Handbook of Time and Politics. New York, USA: Oxford University Press (2021)

Authors
Iñigo González Ricoy
Universitat de Barcelona
Abstract
Institutions to address short-termism in public policymaking and to more suitably discharge our duties toward future generations have elicited much recent normative research, which this chapter surveys. It focuses on two prominent institutions: insulating devices, which seek to mitigate short-termist electoral pressures by transferring authority away to independent bodies, and constraining devices, which seek to bind elected officials to intergenerationally fair rules from which deviation is costly. The chapter first discusses sufficientarian, egalitarian, and prioritarian theories of our duties toward future generations, and how an excessive focus on the short term in policymaking may hinder that such duties be fulfilled. It then surveys constraining and insulating devices, and inspects their effectiveness to address the epistemic, motivational, and institutional drivers of political short-termism as well as their intra- and intergenerational legitimacy.
Keywords Future generations  Institutional design  Short-termism  Intergenerational justice  Legitimacy
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Law and Disagreement.Jeremy Waldron - 1998 - Oxford University Press.
Equality and Priority.Derek Parfit - 1997 - Ratio 10 (3):202–221.

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