| Welcome back to the Strategic CSR Newsletter! The first newsletter of the Fall semester is below. As always, your comments and ideas are welcome. |
I wanted to start-up the newsletters again with a quote that I saw over the summer (from the article in the url below), which I found astounding:
"As of January 2022, the US had 2,800 public companies with annual revenues over $100 million—and 18,000 private companies of that size." [my emphasis]
Beyond affirming the idea that there is so much economic activity that is not captured in the headline news that gets more prominent attention, to me this quote also demonstrates how we get a distorted view when we focus on the role of the stockmarket (and shareholders) in our economic system.
Just a teaser to start the ball rolling again, this semester. I hope you all had a great summer.
Take care
David
David Chandler
© Sage Publications, 2020
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Inflation Reaches Unicorns
By John Mauldin
June 25, 2022
Thoughts From The Front Line – Mauldin Economics
