Home / Opinion / Editorial / Profits uber alles: Milton Friedman on business, Disney and Mulan (access required)

Profits uber alles: Milton Friedman on business, Disney and Mulan (access required)

Fifty years ago, in September 1970, the prominent economist Milton Friedman famously argued that the social responsibility of business was to increase its profits. This was a remarkable statement because it suggested very plainly that corporate executives did not really have to worry about paying high wages, taking steps to protect the environment, or, for ...
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