“Conceptually, no reason exists for why the fundamental ideas within the ESG label should correlate with one another.” ~Paul Mueller
“Sellers see fewer dollars from their sales while dealing with time-consuming headaches. Buyers see higher home prices.” ~Paul Mueller
“It appears that Fed officials came to believe that they had the authority and power to do whatever they deem necessary to ‘fix’ the economy.” ~Paul Mueller
“In the name of preventing a second Great Depression, then-Fed Chairman Ben Bernanke opened a Pandora’s Box of monetary ills in 2008. And like the Greek myth, there may be no way of putting these ills back in the box.” ~Paul Mueller
“All this adds up to an open tab that renewable energy companies can use over and over again and that taxpayers will pick up. Unless Congress acts to close these loopholes, a $35 trillion debt will look quaint when the US surpasses $45 trillion or even $50 trillion in the 2030s.” ~Paul Mueller
This AIER Paper seeks to educate citizens and investors about the substance of ESG and the kinds of problems it has created, providing the interested reader with a variety of sources to study ESG in greater depth.
“That a Nobel Prize-winning economist can hold these naïve views and fail to use simple economic reasoning should give us pause about how ideology and echo chambers can dull our reasoning.” ~Paul Mueller
“Human living standards have improved in unprecedented ways over the past 300 years. These remarkable improvements in human welfare are not limited to wealthy, developed economies but are enjoyed around the world.” ~Paul Mueller
“The ratchet effect has locked us in a world with a massive Fed balance sheet — and the insidious problems of runaway deficit spending and easy bailout monetary expansion that come with it.” ~ Paul Mueller
“The public interest is served when fraud, deception, and misleading labeling are prevented. Unfortunately, the Florida legislature has gone far beyond this, at the behest of the ranchers’ lobby.” ~Paul Mueller