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A doomed quest for corporate responsibility
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2018-01-18 10:02:51
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}A daily digest of opinions and analysisIt's Hard for an Index-Fund Guy to Push Social ChangeLarry Fink has an admirable history of advocating corporate responsibility. Too bad he's not in a position to do more. Joe Nocera says the BlackRock chairman's open letters illustrate a paradox of our market-dependent age.Japan and Europe Start the Central Bank ResetYes, the global economy actually is improving. And yes, officials are going to respond accordingly. Daniel Moss explains why 2018 will be an exciting year for monetary policy (really!).Don't Blame Robots for President TrumpIt's tempting to connect industrial automation to Midwestern job loss to 2016 Republican votes — but the link doesn't hold up. Noah Smith examines the evidence and finds several likelier causes.Democrats Hitch Their Party to ImmigrantsCan Trump make a policy popular just by doing the opposite? It looks that way to Francis Wilkinson, who says Democrats' increasingly fierce commitment to immigration carries risks of its own. Meanwhile, Tyler Cowen notes immigration enforcement is always going to be selective, so it may as well be humane.Ritholtz's ReadsThe antitrust case against Facebook, Google and Amazon (Wall Street Journal)How to lose 93 percent of your money … and be happy about it (MoneyBeat)Cuomo seeks New York tax revisions to thwart federal changes (Bloomberg)(Read Barry Ritholtz's full daily news roundup here.)Bloomberg GadflyChina's great leap into biotechCelgene needs a boost, but Juno isn't itDisney lights a fire under CBS, Redstone(Read more from BV's sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe
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