{"product_id":"terminal-value","title":"Terminal Value","description":"\u003cp\u003e\u003cb\u003eEconomics treats death as a boundary condition and never inspects it.\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003eBut death is quietly doing at least five jobs. It sets the discount rate. It turns over capital. It turns over ideas. It prices risk. And it creates vacancy.\u003c\/p\u003e\n\u003cp\u003eEach one is load bearing. None of them has a backup. Radical life extension removes all five at once, and the result is not utopia and not catastrophe but something stranger: a civilization that is wealthy, safe, static and permanently locked in.\u003c\/p\u003e\n\u003cp\u003eMeanwhile artificial agents arrive as the first economic actors with genuinely arbitrary lifespans, and the turnover function migrates from people to machines.\u003c\/p\u003e\n\u003cp\u003eAn essay in five removals, argued through the discount rate, inheritance, the sociology of science, the value of a statistical life and vacancy chains, with a full apparatus of notes so every claim can be checked. Thirteen chapters in five parts, from a Dutch bond written on goatskin in 1648 that still pays, to Venice's Serrata, to the maritime code for ships with no crew.\u003c\/p\u003e","brand":"Samuel Safahi","offers":[{"title":"Default Title","offer_id":52492557844700,"sku":"TV-PB-9798952154339","price":19.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0840\/3894\/2940\/files\/terminal-value-front.jpg?v=1789114236","url":"https:\/\/shop.safahi.com\/products\/terminal-value","provider":"Safahi Publishing","version":"1.0","type":"link"}