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pbA pioneering exploration of the defining traits and contradictions of our relationship to the future through the lens of discountingb pForest fires, droughts, and rising sea levels beg a nagging question have we lost our capacity to act on the future Liliana Doganova's book sheds new light on this anxious query. It argues that our relationship to the future has been trapped in the gears of a device called idiscountingi. While its incidence remains little known, discounting has long been entrenched in market and policy practices, shaping the ways firms and governments look to the future and make decisions accordingly. Thus, a sociological account of discounting formulas has become urgent. pDiscounting means valuing things through the flows of costs and benefits that they are likely to generate in the future, with these future flows being literally idisi-counted as they are translated in the present. How have we come to think of the future, and of valuation, in such terms Building on o
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