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Economics Discussion Question

Read “The Social Responsibility of Business Is to Increase Its Profits,” by Friedman from The New York Times Magazine (1970).http://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html   In “The Social Responsibility of Business Is to Increase its Profits,” what economic idea is the author alluding to by stating that the social responsibility of business is to increase profits? Explain. What does […]

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