This lecture discusses key ideas from the 20th Century economist and statistician Milton Friedman's essay, originally published in the New York Times, "The Social Responsibility of Business Is to Increase Its Profits"

It focuses specifically on his discussion of what responsibilities business managers and executives have, and towards whom.

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You can get a copy of the text here - http://websites.umich.edu/~thecore/doc/Friedman.pdf

Broadcast on:

08 Aug 2023