Economics

On making ESG illegal in the USA.

Matt Levine in his newsletter.

The case seemed a bit weak, but the land of free and brave never stops surprising.

Talks about crypto and coffee. Building on-chain algo trading - check out my channels /algo-trading and /python

While I’ve never felt ESG would do much to address envrionmental issues and it’s hard to judge its effectiveness; it is at least manifestation of the neo-liberal mantra of market based solutions.

To now decry it as a manifestation of “woke” (see Marc Andreessen on /moz  )
and or support efforts to legally force companies to drop it as an abdication of fiduciary responsibility, simply reveals these people never had attention of supporting meaningful climate action, market based or otherwise.

Perhaps now that preference falsification is receding these people will at last be free to come out as the Climate Change deniers they are.