Political Myopia & Short-Term Bias in Government

Photo by Jomar on Unsplash

Democracy, unfortunately, is not a pristine and perfect political solution. It comes with its limitations. One of these limitations has always been a tendency for short-term interests to prevail at the expense of long-term considerations.

Nothing ever happens in government without an incentive structure and so, while a future-oriented, long-term approach may be what politicians’…