Mises Wire
Author:
J. Henderson
Online Publish Date:
The sham of socially responsible investing (SRI) is exposed in a recent New York Times column by Joe Nocera . This incisive article concludes that SRI “oversimplifies the world, and in so doing distorts reality.” SRI silliness is highlighted by its preference for BP over ExxonMobil. For years, BP has been SRI-favored for endorsing the theory of