ENTR 4520 Lecture Notes - Lecture 2: Dennis Price, Impact Investing, Trophy Hunting
20 Oct 2017
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Document Summary
How finance and financial innovations can actually be against human flourishing. Raises questions about the moral limits for investing. Carbon emissions - market directed price signals by itself. Might kill existing enthusiasm or value that people hold for it. E. g. baby boomer generation went through inflation - they valued spending, didn"t think about the future and sustainability. E. g. monetized the value of rainforest (ecosystem services) - helpful: now we have to protect it. People are less interested in traditional finance etc. E. g. book: ross beard (ceo of ___) - "innovation of line spots" Why venture capitalism is failing at distributing capital to where ideas are generated - contributing to inequality. Impact investing - the quiet revolution within markets. how we invest is just as important as where and what we invest. Intentionality matters - intentionally investing in funds or bonds etc. (there are different ways to do it) that have a measurable impact along with a financial return.
