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In Favor of Stronger Gun Control Laws, But Against the Divestiture of Gun Stocks
Prof. Edward A. Zelinsky, OUPblog [Opinion] Mar. 4, 2013
"The case against the divestiture by public pension plans of the stocks of gun manufacturers is as strong as the case for stronger gun control laws.... However, pension fiduciaries are not investing their own money. Such fiduciaries should not use the funds under their control to pursue political agendas -- even political agendas with which [the author agrees].... For public pension fiduciaries to divest gun stocks is both futile and troubling. In a competitive market, such divestiture is an economically meaningless gesture."
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