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Title: Few revelations here
Review: I bought "Pension Fund Politics" in an attempt to balance the views expressed in another purchase, "Socially Responsible Investing". Balance and revelation are not quite what I found in this little tome. For example, Entine's introductory chapter asks, "Should we encourage public pension funds to boycott tobacco companies, natural resource firms that do not embrace global warming initiatives, or firms that utilize genetic engineering in agriculture ... ?" Yes. I'd say a pretty clear yes to that.In the second essay, Munnell and Sunden conclude with "The primary goal of investing retirement funds ... should be achieving the maximum returns for a given level of risk." According to each of our values, I think these words speak clearly for themselves.
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