I fear that Wilshire's model, like virtually every economic model in use, conceives of money as the independent variable, when in fact it must always be the dependent one.
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No matter who is on the CalPERS Board, they can protect our pensions by answering two questions. How can CalPERS identify and invest in enterprises whose returns will fund retirees' pensions and whose workers produce directly the most sustainable goods and services? How can CalPERS facilitate a smooth transition from business as usual to local direct production of Californians' basic needs?
Investing in No-Fuel
Growing the Sustainable Economy
Sustainable CalPERS
About Me
- Muriel Strand
- I love asking really good questions. And listening to thoughtful answers.
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