Does measuring long-term success actually destroy our ability to see it?
In short: Dr. Paul Woolley explores whether the shift toward market cap benchmarks and long-term performance metrics in finance is a genuine evolution or just another layer of red tape.
The video examines a fundamental tension in financial governance: the necessity of measurement versus the desire for long-term perspective. While moving away from short-termism is a common goal, theorists argue that measurement is the primary prerequisite for any form of control or management—whether scientific, commercial, or political.
Dr. Woolley questions if adopting 'long' metrics forces us to abandon 'measurement,' or conversely, if the act of measuring inherently excises long-term thinking. The discussion provides a critique of how these benchmarks impact bank regulations and industry workings.
Opens the Intellect+ feed with this card first. Swipe up for the next one.
Sources
- Summary by Intellect · source: Market Cap Benchmarks Set Finance in a Spin - Dr Paul Woolley
- Also: www.fmg.ac.uk — Publications | Paul Woolley Centre
To cite this card, link to https://intellectplus.co.uk/app/ideas-market-cap-benchmarks-set-finance-in-a-spin-dr-paul-woolley.
How we source, check and correct cards: Editorial standards.
General information, not professional advice. Spotted an error? Flag the card or see corrections and complaints.
Intellect Plus is a visual educational discovery platform for exploring fascinating facts and ideas. Brain Food, Not Brain Rot. What is Intellect Plus?
