Long Finance: The Enduring Value Conference | Stewart Brand, Brian Eno, and Alexander Rose

TL;DR

Long Finance is a movement dedicated to encouraging long-term thinking and sustainability in finance, with a focus on addressing systemic weaknesses and promoting environmental and social responsibility.

Transcript

well good afternoon ladies and gentlemen and welcome to the long finance conference here at the Willis corporate headquarters my name is Duncan Holmes and I have I'm the managing director of our financial institutions and professional risk practice here in London we're delighted to host such a thought pro-king visionary event promoting long term su... Read More

Key Insights

• 🤔 Long Finance emphasizes the need for long-term thinking in finance to address systemic weaknesses and promote sustainability.
• 🪡 The movement believes that current approaches to financial systems and regulations are overly complex and incremental, and more innovative solutions are needed.
• 🤔 Long Finance aims to encourage interdisciplinary collaboration and challenge traditional thinking in order to develop new approaches to finance.
• 🤔 The movement seeks to shift from responsive to anticipatory thinking in commercial, government, and regulatory spheres.
• 🤑 Long Finance considers the importance of enduring value and explores the concept of an "eternal coin" that represents real money made from enduring value.
• 🤞 The movement hopes to create a roadmap for commerce and finance research and explore themes such as longevity of institutions and economics in harsh climates.

Questions & Answers

Q: What is the main focus of Long Finance?

Long Finance seeks to promote long-term sustainability and responsible financial practices by addressing systemic weaknesses and encouraging interdisciplinary collaboration.

Q: How does Long Finance measure the success of the financial system?

Long Finance poses the question of "When would we know our financial system is working?" to encourage dialogue and critical thinking about the effectiveness and fairness of the current financial system.

Q: What types of financial structures does Long Finance aim to create?

Long Finance envisions financial structures that can last for generations, such as responsible retirement cohorts and innovative peer-to-peer risk transfer models.

Q: How does Long Finance aim to achieve its goals?

Long Finance combines the long-term perspective of the Long Now Foundation with the intellectual rigor of academic research and the collaborative approach of the London Accord to develop innovative solutions for long-term commerce and finance.

Summary & Key Takeaways

• Willis, a global risk management and insurance firm, hosted the Long Finance conference, emphasizing the importance of long-term sustainability in finance.

• Long Finance aims to improve society's understanding and use of finance over the long term and promotes interdisciplinary collaboration.

• The movement's key questions include how to measure the success of the financial system and how to create financial structures that last for generations.