5 Jul 2014
Is Speculation the Enemy of Investment?
Session 15
Speculation is a versatile notion, but does it contribute to market efficiency, in terms of the distribution of risks among agents? If it is noxious how can it be regulated? If it is a matter of stopping short-termism and redirecting finance toward the real economy, is it possible to set a minimum duration or a risk constraint in order to qualify a financial investment flow? Or should we rely on a revolution in economic thinking in the context of optimal global funding? http://youtu.be/Kt16hM1oX_4?list=PL3YBt-EW6CgQAX2pYxGWLS9DsX-fe6EYZ