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#495 - Alex Epstein - The World Needs More Fossil Fuels, Not Less
Modern Wisdom
Are Public Companies Dominating Governments?
Public companies have a lot of financial advantages to being a public company. Namely, it's much easier to raise money. It's easier to incentivize people to be part of it because you become very liquid. If i join a public company, like if i'm part of nike, and i've a big stake of nike,. i can sell that on the public market. There's there's no incentive for me to buy shares in private companies. And i think that has been a total disaster.
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