Some economists and philosophers have even argued that in cases of environmental preservation 0 percent is the only ethically defensible number. That is, no discounting at all. But this debate over percentages may actually be a distraction from a more serious problem with the formulas used in discounting.
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Peter Mehit is co-founder and Managing Partner of Custom Business Planning and Solutions, a business consulting firm that provides problem solving, planning and process help. He has worked from private equity to the Fortune 100 at all stages.
He can be reached at pmehit@wbpllc.com or at 800-741-8444.
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