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> To the extent that partisan investors are trying to reshape the economy to align with their values, rather than betting on beliefs about the economy, they are
by abeppu 3y ago
> To the extent that partisan investors are trying to reshape the economy to align with their values, rather than betting on beliefs about the economy, they are going to pay for it.
I guess, sure, you'll experience some cost if you're trying to change other people's behavior. But perhaps for the political forces seeking to do this, whether or not you agree with them, one question is: are you better off experiencing those costs by boycotting investments you disapprove of, or by just paying for lobbyists or political ads to try to regulate to the system you want? Which gives you a better bang for your buck?
- deleted 3y ago[deleted]