THE LONG FINANCE SPRING CONFERENCE

Discounted Cash Flow (DCF) and Net Present Value (NPV) analyses have long been part of the financial analyst's toolbox. By deciding on a discount rate and using that discount rate in some exponential equations it can be argued that future generations will be richer than us, so we can spend wantonly now. Or that something expensive is really quite cheap if we make a very small change in the discount rate.

This conference will examine the implications of discount rates on society's long-term decisions such as health, education, infrastructure, and the environment.

Supported by the Z-Yen Group

The transcript and downloadable versions of the lecture are available from the Gresham College website: http://www.gresham.ac.uk/lectures-and-events/are-you-interested-or-discounted-long-term-social-finance

Gresham College has been giving free public lectures since 1597. This tradition continues today with all of our five or so public lectures a week being made available for free download from our website. There are currently over 1,900 lectures free to access or download from the website.
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