When @oren_cass @AmerCompass says libertarian free-marketers think “that whatever policies are best for shareholders in the short run are the best policies" he flails at an absurd straw man. No serious libertarian thinks that. [Donald Boudreaux @cafehayek]https://cafehayek.com/2020/02/another-open-letter-to-oren-cass.html …
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Replying to @walterolson
Beyond protecting rule of law, property rights, contract rights, and so on, what is an example of a policy that is not good for shareholders that libertarians support?
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Replying to @oren_cass
Ending corporate subsidies. But your question is in any event a weird inversion of what the reporter quoted you as asserting. Do you see why?
2 replies 1 retweet 9 likes
Replying to @walterolson @oren_cass
There's a fair middle ground between "corporations should act only in the interests of maxxing out this quarter's results" and "corporations should Do Good and we'll just argue that in the long term, Good is good for shareholders."
12:40 PM - 18 Feb 2020
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