Tag Archives: surrealist economics

Buddy, Can You Spare Me A Top-Hat?

Whenever Financial Doom & Gloom (FDG) fills the 24/7 news cycle, my cardiologist forbids me to listen to crackpots like Jim Cramer at CNBC. He frowns on Tom Keene, my wonky calculus-driven guru at Bloomberg News. I’m permitted a small dose of Lisa Abramowicz on fixed income securities, a small dose of warmth like a nip of Calvados on a cold winter night. Everything else is too risky for my heart arrhythmia. Continue reading

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How Environmentally Conscious Investing Became a Target of Conservatives – The New York Times

“Woke Investing”: “Republicans have launched an assault on a philosophy that says that companies should be concerned with not just profits but also how their businesses affect the environment and society.More than $18 trillion is held in investment funds that follow the investing principle known as E.S.G. — shorthand for prioritizing environmental, social and governance factors — a strategy that has been adopted by major corporations around the globe.Now, Republicans around the country say Wall Street has taken a sharp left turn, attacking what they term “woke capitalism” and dragging businesses, their onetime allies, into the culture wars.” Continue reading

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Rants & Kisses for Woke Capitalism

Last night I had a dream about my Econ 101 class. Let me try to get it straight. In One Million B.C., Raquel Welch invented civilization and early cave men discovered clubs that could help them steal thy neighbor’s mastodon. That was called Survival of the Fittest. Continue reading

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