Oops, now I realized that CEV is not a sequence.
So, here is the definition... and the following discussions are probably scattered in comments of many posts on this site. I remember reading more about it, but unfortunately I don't remember where.
Generally, I think it is difficult to predict what we would value if we were more intelligent. Sure, there seems to be a trend towards more intellectual pursuits. But many highly educated people also enjoy sex or chocolate. So maybe we are not moving away from bodily pleasures, just expanding the range.
I have found this most wonderful (if fairly lengthy) article, and thought you would enjoy having it brought to your attention.
It is so good, I think we should include it among the references in the "Politics is the Mind Killer" wiki page. But, before that, I submit it to you, and ask you: is there anything in this article that would warrant its exclusion from this site? I mean, besides the fact that it is about politics, and written by a notorious Social-democrat (And is that in itself grounds for exclusion?).