Tariq Fancy, the founder and CEO of The Rumie Initiative and the former chief investment officer for sustainable investing at BlackRock, joins Scott to discuss how ESG investing acts as “a dangerous placebo that harms the public interest.” We also hear Tariq’s take on the current state of the markets. Follow Tariq on Twitter, @sosofancy.

Scott opens with his thoughts about lobbying revenue reaching an all-time high, ad-supported streaming tiers, and Peloton’s move to the rundle.

Algebra of Happiness: knowing when to dial back.