December 3, 2012
Long-Term Investing: An Optimal Strategy in Short-Term Oriented Markets
- Joseph Stiglitz, University Professor and Co-chair, Committee on Global Thought, Columbia University
- Introduction: Patrick Bolton, Barbara and David Zalaznick Professor of Business and Economics, Columbia Business School
In this keynote address, Joseph Stiglitz contextualizes market short-termism in the broader evolution of capitalism, from the emergence of the corporation to the lengthy investment agency chains we have today, and argues that our current form of capitalism enables exploitation. A discussion with the audience, moderated by Patrick Bolton, follows.
Read the transcript of this event: Stiglitz Keynote Address
Part of the Sustainable Investment research initiative.