Today’s links
There’s no such thing as “shareholder supremacy”: When “fiduciary duty” means “whatever I wanted to do.”
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There’s no such thing as “shareholder supremacy” (permalink)
Here’s a cheap trick: claim that your opponents’ goals are so squishy and qualitative that no one will ever be able to say whether they’ve been succeeded or failed, and then declare that your goals can be evaluated using crisp, objective criteria.
This is the whole project of “economism,” the idea that politics, with its emphasis on “fairness” and other intangibles, should be replaced with a mathematical form of economics, where every policy question can be reduced to an equation…and then “solved”:
Before the rise of economism, it
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