What ESGers Don’t Understand | AIER
In her excellent AIER essay “The Charge to Change Capitalism and Why the Profit Motive Must be Preserved” Kimberlee Josephson wisely warns of the dangers posed to the economy by ESG investing, “common-good capitalism,” and other schemes to achieve allocations of resources different from the allocations that would be achieved by markets. Advocates of these […]
FirstFT: Video software group Zoom demands return to the office
Zoom, the video conferencing software firm, has become the latest company to require employees to show up in person at the office. The company that became synonymous with working from home during the coronavirus pandemic yesterday told employees who live within 50 miles of one of its locations that they must come to the office […]
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Market Talk – August 7, 2023
ASIA: China raised its gold reserves for a ninth straight month in July as central bank purchases continue to underpin prices of the precious metal. Bullion held by the People’s Bank of China rose by 740,000 troy ounces, the central bank said on Monday. That’s equivalent to about 23 tons. Total stockpiles now sit at […]
