It was the essay heard around the world. Milton Friedman’s “The Social Responsibility of Business Is to Increase Its Profits” laid out arguably the most consequential economic idea of the latter half of the 20th century. Fifty years ago, he published the seminal essay in The New York Times Magazine that is still hotly debated in business and policy circles. Today, Books On Point revisits the legacy of the so-called Friedman Doctrine with Temba Nolutshunga, Director at the Free Market Foundation.
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