Mark Carney: belief

Transcript context

…Humility? I think that would be the biggest one. It took me a while to build up that value, full disclosure, but it’s incredibly important. If I may, I try to draw out why that value is relevant. One of the lessons, at least for me over the years as a central banker, as a policymaker, is you have to plan for failure. Don’t always tell yourself you’ve got things sorted and that you can withstand the failure. Plan for the failure and think of “What would I wish I had done once that failure happens?” and think about whether you should do it in advance. Your father’s job, he worked on the affairs of native Canadians for some time. What did you learn from him or from that experience of what he did?…

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