by limiting catches so as to provide long term

Fisheries, for example, are routinely managed, in all societies, by limiting catches so as to provide long term sustainability of the fisheries. Present day fishermen would like to catch more today, because they place greater value on fish caught today than fish caught in 10 years’ time. They would maximise the present value of the fishery by catching as much as they could as fast as they could.

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In other ways, too, Chinese parenting today remains deeply influenced by the image of the individual as described by Confucius. Students were to focus on, among other things, Shu Li Yue poetry, books, decorum, and music. And Confucius also laid out strict rules about the social hierarchy that would create a good, harmonious society, including the debt that children and parents owe to their ancestors..

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