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Can Experts Put a Price Tag on Human Goodness?
In this episode, we dive into the International Foundation for Valuing Impacts (IFVI) and the movement toward impact-weighted accounts. Originally a Harvard research project, this initiative aims to integrate environmental and social costs—like carbon emissions and workforce diversity—directly into corporate balance sheets using "shadow pricing." While proponents argue this creates a more honest version of capitalism, critics worry it represents a technocratic bypass of the democratic process. By turning subjective moral judgments into mathematical formulas, a small group of unelected experts…
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