Stakeholder investors are blind to the realities of monopoly power
Those who care about more equitable markets tend to focus on ESG when they should be looking at market power
RSA shows high returns always come with high risks
There are only so many ways in which banks and insurance companies can consistently deliver high returns and all of them are dangerous
The Bankers’ New Clothes: What’s Wrong with Banking and What to Do about It , by Anat Admati and Martin Hellwig
How institutions must change to prevent future financial meltdowns
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