Texas is investing in alternatives to incarceration that are proving to be cheaper and more effective at keeping people out of prison. It is also doing a better job of rehabilitating people to keep them from reoffending and ending up back in prison.
Uproar Over Texas Divesting from BlackRock Shows ESG Activists’ Disdain for the Rule of Law
On March 19, Texas State Board of Education (SBOE) Chairman Aaron Kinsey issued a statement that the Texas Permanent School Fund (PSF), one of the largest and oldest education endowments in the country with over $53 billion in assets, was moving $8.5 billion from BlackRock to other asset managers. Chairman Kinsey noted in the statement...