Obesity rates in the US, for example, they shot up dramatically after the 1970s, and they haven't really come back down.

Now, I'm not going to blame CED all as anything like that.

That's not my argument.

My argument really is that we used to have low time preference because our money worked, and it incentivized us to save and think long term.

And one of the issues we have today is that we don't think long term.

We think very short term. And that creates all sorts of negative consequences. You know, you're more

likely to drink. You're more likely to smoke. You're more likely to eat unhealthily. You're more

likely to gamble. You're more likely to have all sorts of disorders as a result of the fact that

a lot of people are disillusioned with their own future.

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Hey, thanks for having me, Peter. Really good to be here.

Well, look, as you know, healthcare is a subject.

I'm really interested in, fascinated in, like, the design healthcare systems because, obviously,

I live in the UK.

British people historically love the NHS.

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