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New Analysis on ESG Investing: Friedman, Edmans, and Materiality
At times it seems like public events on environmental, social, and governance (ESG) investing are a dime a dozen; some think tank, consulting firm, or…
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Electric Vehicle Windfall Still in Big Spending Bill
Congress’ big spending bill, now called the Build Back Better Act, is evolving from truly terrible to somewhat less terrible. On energy, the highly…
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A Note on Politicized Investment Policy
Two weeks ago, the U.S. Department of Labor (DOL) announced a change in its pension rules. DOL announced that it intends to incorporate political…
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Federal Agency “Significant” Rulemakings Return to Bush-Obama Heights
While agencies are on track to issue about the same number of rules as they did last year, the number of “significant” rules among…
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Steel, Aluminum Tariffs to Remain Above Pre-Trump Levels
It is not asking much to undo President Trump’s doubling of U.S. tariffs, which are a major contributor to today’s supply network crisis. But apparently…
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This Week in Ridiculous Regulations
Third quarter GDP growth was an estimated at 2 percent, down from about 6 percent the previous two quarters. The 2021 Federal Register topped…