Patience is a virtue. But does it have value? Andrew Haldane will discuss the importance of patience to growth and stability, its recent evolution and its implications for financial markets and systems. There is evidence that capital market myopia -- short-termism -- may be mounting. If so, what if anything should be done about it?
Andy Haldane delivers this year's Sir Thomas Gresham Docklands lecture. The event is chaired by Professor Michael Mainelli.
The transcript and downloadable versions of the lecture are available from the Gresham College website:
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Gresham College has been giving free public lectures since 1597. This tradition continues today with all of our five or so public lectures a week being made available for free download from our website.
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