The Summer Nights Never End...Until They Do: Life, Liberty, and the Lure of the Short-Run

Through intense reflection, shrewd reasoning, and not a little trial and error, the reclusive author has developed a unique and inventive paradigm for thinking clearly and logically. In The Summer Nights Never End...Until they Do, Waller shares a methodology that can be applied to everything from governmental gaffs and immigration reform to losing weight and financial freedom.

Like so many things that make sense, Waller's words are complex in their simplicity, turn from the madness of short-term, quick fixes and toward time-tested, reasonable goals.

The devil is in the details. So, too, are the answers.

Table of Contents: Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . i
Part I: The Blueprint
Chapter 1 Weight Gain, Infidelity, and Retirement Savings Are the Same . . . . . . . . 1
Chapter 2 Love, Money, and the Paths We Take . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Chapter 3 The Value of the Small Increment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .23
Chapter 4 Getting Trapped . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31
Chapter 5 Social Traps . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .37
Chapter 6 Vicious Circles, Beneficent Spirals, and the Power of Feedback . . . . . . 47
Chapter 7 Getting Out of Trouble: Conventional Approaches . . . . . . . . . . . . . . . . .57
Chapter 8 Getting Out of Trouble: Incentives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69
Chapter 9 Avoiding Problems . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 87
Chapter 10 A Tsunami Trap: The Case of Public Pension Funds . . . . . . . . . . . . . . . .111
Chapter 11 Democracy and Its Saboteurs (Intentional and Otherwise) . . . . . . . . . 117
Part II Matters Personal and General
Chapter 12 Views of Humans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 135
Chapter 13 Political Economy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 143
Chapter 14 Miscellaneous Topics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 175
Part III Loose Ends and Recapitulation
Chapter 15 Synthesis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 201
Epilogue A n Essay: What the Rivers Taught Me . . . . . . . . . . . . . . . . . . . . . . . . . . .213
Appendix Financial Versus Personal Discounting
(Optional Reading) . . . . . . . 221
References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 225