Choosing Not to Divest is Not Value-Free

by Fran Sussman

In his DOT Earth column in the NYT on October 4, 2013, A Closer Look at Harvard’s Choice on Fossil Fuels, Andrew Revkin wrote about the issue of Harvard University President Drew Gilpin Faust’s statement on the university’s decision not to divest itself of fossil fuels, despite student efforts. Reading the column raised some interesting parallels in my mind between the way economists separate fact from judgments about welfare, and President Faust’s justification of the university’s decision. (more…)

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