Andrew Haldane, BoE chief economist, was interviewed by Newsnight's Duncan Weldon, and he makes many interesting remarks. Including comments that firms are too short-termist, are not spending enough on investment, are returning far too much money to shareholders [this is presumably bad], and that we should consider alternative forms of corporate governance to make sure that the wider social good is served.
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Haldane on how to get firms to do what we…
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Andrew Haldane, BoE chief economist, was interviewed by Newsnight's Duncan Weldon, and he makes many interesting remarks. Including comments that firms are too short-termist, are not spending enough on investment, are returning far too much money to shareholders [this is presumably bad], and that we should consider alternative forms of corporate governance to make sure that the wider social good is served.