Patience is a virtue. But does it have value? Andrew Haldane will discuss the importance of patience to growth and stability, its recentevolution 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. For the transcript or download versions of this 2011 Sir Thomas Gresham Docklands Lecture, please visit the event’s page on the Gresham College website: Get Shorty"
Executive Director for Financial Stability at the Bank of England