Does Democracy Inhibit Long-Term Planning?

Does Democracy Inhibit Long-Term Planning?
Gresham College - Museum of London
Long Finance is an initiative begun in 2007 to establish a World Centre Of Thinking On Long-Term Finance. The initiative began with a question - ­"When would we know our financial system is working?" - which challenges a system that can't provide today's 20-year-olds with a reliable financial retirement structure. The aim of the Long Finance Institute is "to improve society's understanding and use of finance over the long-term."The research project proposals range from theory versus practice or fiscal versus monetary to sustainability versus robustness. The iconic project for Long Finance is the Eternal Coin, with the objective of starting a global debate about society's values over the long-term.This is the second event that Gresham College has co-hosted, where learning from the sister Long Now organization and its 10,000 Year Clock Project.