Naomi Oreskes, David Gelles and The Myth of Free Markets
Climate One
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The Importance of Milton Friedman
Economists Milton Friedman helped establish the primacy of shareholders over other stakeholders. David Frum: Jack Welch operationalized that doctrine. He says in his own autobiography, he paraphrases Friedman and goes on to say the responsibility of a business above all else is to increase its profits.Frum: It's hard to overstate the degree to which one academic institution has had so much sway over our economic policy for decades.
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