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May 24, 2021 · But in recent years, the doctrine has undergone a reexamination by businesspeople, activists, and academics. Some feel Friedman’s conception of the purpose of a business was enlightened in 1970 and is no less so today; others argue that businesses’ disavowal of social responsibility puts communities and even capitalism itself at risk.
Oct 7, 2020 · Fifty years ago the New York Times published an essay by Economist Milton Friedman which set out what became known as the Friedman Doctrine. The article set out the ideas that have been the basis of business practice, leadership, policy, and education ever since.
Nov 18, 2021 · Monetarism, the theory he is best known for, appeared irrelevant. Before it’s here, it’s on the Bloomberg Terminal. The ideas of the Nobel laureate, who died 15 years ago this week, remain...
Sep 9, 2021 · Fiscal policy, monetary policy, labor policy, trade policy, welfare policy, and industrial policy, to name only a few, have been fundamentally altered in line with the ideas of Hayek and Friedman and their followers.
Nov 14, 2023 · Jennifer Burns (Hoover Reserch Fellow and Stanford Associate Professor of History) joins the podcast to discuss her career as well as her new biography Milton Friedman: The Last Conservative (Farrar, Straus and Giroux, 2023).
Nov 15, 2023 · Yet 17 years after the economist’s death, many of the ideas Friedman wrote and talked about still shape current economic thought and policy.
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Friedman s ideas were profoundly influential. Among other things, he argued that free trade, lower taxes on income and capital, and a reduction in the burden of regulation would increase economic growth and improve social well-being.