# The Shock of the New: Re-balancing the knowledge long and wisdom short society

- Institution: Gresham College
- Speaker: Professor Kenneth Costa
- Year: 2010
- Level: For everyone
- Language: English
- Subjects: Business and management, Philosophy
- Source: [Gresham College](https://www.gresham.ac.uk/watch-now/shock-new-re-balancing-knowledge-long-and-wisdom-short-society)
- Licence: [Educational use (Gresham College's terms)](https://www.gresham.ac.uk/terms-and-conditions)
- Who can watch: Teens profiles and older (sources give no ratings; placed by Invisible Network from the source's own words)

We live in exponential times. The availability of and speed of access to financial information is daunting. The intellectual terms of trade have been skewed in favour of the knowledge economy which though it has brought huge benefits to global commerce, has also drawn the fault lines. Rapid access to knowledge and the speed of decision-making has contributed to the precipitous crunch in the credit markets. What are the implications for commercial life of this volatility. Will wisdom make a comeback? See also lecture with Niall Ferguson, 2 June 2010.

## Lectures

1. [The Shock of the New: Re-balancing the knowledge long and wisdom short society](https://invisiblenetwork.ai/learn/gresham/shock-new-re-balancing-knowledge-long-and-wisdom-short-society/6c8842c33db0) (YouTube)