Investing to promote environmental, social, and governance (ESG) outcomes — rather than to just maximize profit — became the hot topic in finance this year and will likely continue as a controversial issue into 2023. Many major asset managers, banks,…
Most of us love the idea of a snow-filled white Christmas, but secretly dread the accompanying blizzard of commentary about how we ruin the season by giving in to commercialism. Focusing on gifts and glitter, we are told, is shallow,…
The enlightened titans of the business world, from Davos, Switzerland, to New York, San Francisco, and beyond, are full of suggestions for how commerce and finance can be made more ethical. These promoters of “environmental, social, and governance” (ESG) investing…
American Enterprise Institute president Arthur Brooks has a new book out this week, The Conservative Heart: How to Build a Fairer, Happier, and More Prosperous America. In the past, Brooks has expressed concern that a large portion of the American public…
Once upon a time critics of corporate America complained that executive salaries were too high, and too often disconnected from the performance of the firm. Senior managers are making millions while the company loses money—where’s the logic in that? So…
News Wednesday afternoon that an armed gunman had entered the cable TV headquarters of Discovery Communications in Silver Spring, Maryland and begun taking hostages alarmed people throughout the Washington, D.C. area and around the country. As law enforcement officials negotiated…
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