Limitations
- Introduction
- Avoiding the Obvious
- Insoluble Problems, Soluble Opportunities
- Bottomless Wells?
- Oil, Peaking?
Values
- Introduction
- Trouble with Ideology
- The Good Life
- Changing Separately and Together
- Eating for the Planet
- Small Steps, Large Ideals
- Offsetting Without Tears
Design
- Introduction
- Dead Spaces
- Requiem for the Car Industry
- Smart Cars, Hybrids, and Our Spaceship
- Hip Deep in the Big Muddy
- The Virtues of Age
- Two Suburbs—An American Journey
- The Wasteland at the End of the Street
Strategy
Wagering on the Future
The French mathematician Blaise Pascal suggested in his Pensees that believing in God is a better "bet" than not believing. This is Pascal's Wager, which
. . . posits that it is a better "bet" to believe that God exists than not to believe, because the expected value of believing (which Pascal assessed as infinite) is always greater than the expected value of not believing. (Wikipedia)
Those who "bet" on God, Pascal argues, lose nothing if they are wrong, but gain boundless life now and in the next world if they are right. Those who "bet" against God lose nothing if they are right, but gain nothing—and may reap eternal punishment in hell for the fact of their unbelief—if they are wrong.
As an argument for religious belief, Pascal's Wager is not persuasive. Philosophers and theologians have presented many criticisms of it since Pascal's time, but the chief difficulty with it is simple: No one commits to religious belief or unbelief because of a bet. People do not manage their spiritual lives that way.
As a rough guide to risk management, however, the Wager (which is actually an example of decision theory) can be useful. It can clarify issues, and in using it we are forced to make at least approximate predictions about the consequences of our wagers.
Consider its application to climate change. The scientific consensus is that the climate is growing warmer, and that human-generated greenhouse gases—mainly from burning fossil fuels—are a major cause of the change. Those who accept this theory argue for policies that will reduce our production of greenhouse gases. A small number of skeptics argue that any observed warming is part of a natural cycle and not subject to change by human action or inaction.
In the original Wager, readers were asked to "bet" by choosing whether to live as if God is real. Applying this reasoning to climate change, we "bet" by choosing either to live as if human actions—our actions—can make a difference or choosing to live as if our actions make little or no difference.
If our actions can make a difference, then we would want to make some changes in our way of life. For example:
- We might invest in public transit to encourage people to drive less, thereby using less oil;
- We might invest in technologies, existing and new ones, not based on fossil fuels, to generate electricity; and
- We might invest in technologies that use less energy (e.g., compact fluorescent light bulbs) in order to use less fuel of any kind.
These actions and others we might take have one thing in common: All of them have side benefits quite apart from their effect on climate change. If we burn less fossil fuel, we will be less dependent on oil from unstable parts of the world, and our air will be less polluted. If we improve public transit and drive less, our roads will be less full and travel will become easier even for those who must drive (e.g., ambulances, which will get to hospitals faster). If we invest in sustainable technologies, we can open up new possibilities for economic development and jobs. Thus, even if we have bet wrongly and the skeptics turn out to be right, our world will be a cleaner and better place to live.
If, on the other hand, we bet that the skeptics are right, we need not take any actions to reduce our use of fossil fuels. We might want to for strategic reasons (to protect our economy from disruptions in oil supplies) or because we think reducing pollution is a good thing in itself. But nothing in the skeptics' position compels us to change. We would probably reduce pollution and fossil fuel usage less than if we had bet against the skeptics. Thus, if the skeptics turned out to be right, we would very likely be quite a lot worse off. The planet would still be warming alarmingly, the air would be more polluted, and we would still suffer from traffic jams and oil dependency.
If it turns out that the skeptics are wrong, and we have lived as if they were right, we would face the prospect of greater and faster global warming than if we had bet against the skeptics—and the air would likely be more polluted, the roads more jammed, and our lives far more at risk.
It should be an easy bet to make.