" The problem is that to stop a financial crisis turning into a second Great Depression the only answer is to pump more money into the system to keep it afloat. This happened in the mid-70s and inflation moved still higher while the banking system tottered but did not fall,...
"Two good articles on the death of the daddy of neo-conservative economics; Milton Friedman. Relentlessly Progressive Economics and Milton Friedman and the Economics of Empire"
created by plawiuk | 3 years ago 260 views | 0 recommendations | 0 comments
Milton Friedman once said, "The social responsibility of business is to make profits."According to Wikipedia, "Born in New York City to a working-class family of Jewish immigrants from Beregszász, Hungary (today Berehove, Ukraine), Friedman grew up in Rahway, New Jersey, and...
created by Populux | 3 years ago 118 views | 0 recommendations | 0 comments
Rethinking the Social Responsibility of Business
A debate featuring Milton Friedman, Whole Foods' John Mackey, and Cypress Semiconductor's T.J. Rodgers
Thirty-five years ago, Milton Friedman wrote a famous article for The New York Times Magazine whose title aptly summed up...
created by abi | 4 years ago 517 views | 1 recommendation | 0 comments