Tag Archives: leveraged buyouts
Milton Friedman’s Philosophy: Invaluable at First but Deadly Afterward
2020 marks the 50th anniversary of Chicago economist Milton Friedman’s famous (or infamous, depending on your point-of-view) claim that the only social purpose of business is to increase profits. This doctrine proved immensely popular among corporate managers but has been … Continue reading
Posted in Change, General | Tagged Anglo-Saxon capitalism, argumentative theory of reason, Ayn Rand, change, complex systems, conglomerates, ecological perspective, Henry Mintzberg, innovation, leveraged buyouts, Milton Friedman, University of Chicago, Walter Bagehot | Comments Off on Milton Friedman’s Philosophy: Invaluable at First but Deadly Afterward-
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