The Free Enterprise Action Fund was a mutual fund operated by Steven Milloy and Tom Borelli, with the goal of counterbalancing the activities of self-described ethical investment funds. Whereas "ethical investment" funds avoid investments in firms that are accused of damaging the environment or of other negatively regarded behaviours, the Free Enterprise Action Fund sought out such investments, based on Milloy's claim that such criticisms are typically based on political bias or junk science. The fund ceased operations in 2009 and was merged into the Congressional Effect Fund.
Read more about Free Enterprise Action Fund: Controversy, Activism Through The Fund, Financial Results
Famous quotes containing the words free, enterprise, action and/or fund:
“Many lovers have been divorced
By having what is free enforced.”
—Robert Frost (1874–1963)
“Rivers must have been the guides which conducted the footsteps of the first travelers. They are the constant lure, when they flow by our doors, to distant enterprise and adventure; and, by a natural impulse, the dwellers on their banks will at length accompany their currents to the lowlands of the globe, or explore at their invitation the interior of continents.”
—Henry David Thoreau (1817–1862)
“The curse of me & my nation is that we always think things can be bettered by immediate action of some sort, any sort rather than no sort.”
—Ezra Pound (1885–1972)
“School success is not predicted by a child’s fund of facts or a precocious ability to read as much as by emotional and social measures; being self-assured and interested: knowing what kind of behavior is expected and how to rein in the impulse to misbehave; being able to wait, to follow directions, and to turn to teachers for help; and expressing needs while getting along with other children.”
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