Author: Randolph Jason

The GameStop Saga Isn’t About Finance, It’s Part Of The Ongoing War Between Elites And Populists By Sean Davis for The Federalist The rules here are simple: Heads Wall Street wins, tails you lose. For those who haven’t heard, there’s a bit of a brouhaha brewing with the video game retailer GameStop, which is publicly traded. Much of Wall Street soured on the company, believing it to be the next Blockbuster or Radio Shack: a dinosaur from a bygone era that has no hope of succeeding in the increasingly internet-run future.…

Fundamental Questions about Corporate Donations by Robert E. Wright for American Institute for Economic Research Unsurprisingly, the Biden administration is pushing pro-ESG (environment, social, governance) policies. I have argued against “woke” investing before, here and here, noting that ESG funds are mostly branding efforts designed to bilk investors with relatively high fees. But the problem with ESG funds and the “corporate social responsibility movement” more generally is much more fundamental. I was immediately critical of the U.S. Supreme Court’s 2010 decision in Citizens United v. Federal Election Commission and remain so to this day. In that landmark…