Federal regulators are claiming "socially responsible investing" can be just as good as traditional investing in terms of gaining returns for retired workers. But if that's true there's no need for regulations pushing these investments at all.
Mary Malone
Mary Malone works in retirement plan consulting.
Latest work
Listen to the Audio Mises Wire version of this article. Environmental, social, and governance (ESG) investing, although rooted in an older concept known as “ socially responsible investing,” has been...
There are ominous signs on the horizon that governments want to move toward mandating "socially responsible investing" for pensions and fund managers. This is a terrible idea, to say the least.
