From McKenzie Richards <[email protected]>
Subject Blackrock's foolhardy push for "stakeholder capitalism"
Date February 10, 2022 5:59 PM
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PRI Policy Alert

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The Empty Case for Stakeholder Capitalism and ESG Investing
National Review Capital Matters | February 10, 2022
Wayne Winegarden

Larry Fink, the chairman and CEO of BlackRock ([link removed]) , is selling the idea that the world economy must embrace stakeholder capitalism and environmental, social, and governance (ESG) investing. Don’t worry, though, he wants you to know that stakeholder capitalism is just like capitalism ([link removed]) because it is “driven by mutually beneficial relationships” that will help firms, customers, suppliers, and the broader community prosper.
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At the 'Pharmer's' Market, Patients Suffer While Middlemen Profit
Issues and Insights | Sally Pipes
February 9, 2022

Imagine a visit to the local farmer’s market. When you’re about to pay the farmer for some fruit, a man in a suit and sunglasses interrupts the exchange and offers to negotiate a discount with the farmer.
Cool, right? Not so fast.
The man in the suit didn’t tell you who the discount was for.

Read more... ([link removed])

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The Wrong Solutions: Climate Change Policies Increasingly Embrace Unreality
City Journal | Henry Miller and Andrew Fillat
February 1, 2022

Fossil fuels or renewable sources coupled with energy storage thus remain viable options for reliable electrification. But shifting entirely to renewables would require dramatically increasing the use of utility-scale batteries for multiday backup; no other storage technology is yet practical. And the supply of critical minerals needed to manufacture batteries is anything but assured.

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Listen to Lance Izumi on the Voice of Reason Radio show talk about the Homeschool Boom
Voice of Reason | Lance Izumi
February 10, 2022

This show, recently celebrating National School Choice Week, features senior director of PRI’s Center for Education Lance Izumi discussing his recent book The Homeschool Boom: Pandemic, Policies and Possibilities.

Listen here... ([link removed])

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Practical Life Skills Answer to Food Waste Woes

Right by the Bay | McKenzie Richards
February 7, 2022

Despite rising grocery bills, the U.S. Department of Agriculture recently reported that in the United States, up to 40% of food is wasted ([link removed]) . We throw away almost half of everything we intend to consume!

Read more... ([link removed])
Upcoming PRI Events

San Fransicko: Why Progressives Ruin Cities
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Register Now for PRI's 4th Annual CA Ideas in Action Conference
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Featuring Keynote Luncheon Speaker
The Hon. Anne Marie Schubert
Sacramento County District Attorney

Thursday, February 17, 2022
Hyatt Regency Sacramento
Capitol View Room (15th Floor)
Doors Open 11:30 AM - Luncheon program 12 Noon - Panel Discussions 1-4 PM

Individual registration is free (includes lunch)

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