Category Archives: Uncategorized

That is the title of a new book published by our friend Drew Y. Jackson, a Renaissance man extraordinaire. His beautiful book contains a collection of photographs of several motels in the Tampa region and of some of the souls … Continue reading →

Check out this report by India Block titled “Sagrada Familia agrees [to] €36 million payment after building 136 years with no permit.” In summary, the famous Sagrada Familia Cathedral in Barcelona, which has been under construction since 1882 (!), never … Continue reading →

Instead of rehashing our previous posts, we wish to conclude our review of Milton Friedman’s 1970 essay on business ethics by returning to the problem of theory choice. In brief, the problem is this: Friedman is writing about business ethics, … Continue reading →

The late great Milton Friedman returns to a larger theme in the last part of his classic essay on business ethics (paragraphs 28 to 33): the different domains of markets and politics. To sum up Professor Friedman’s closing argument: he … Continue reading →

We are close to completing our in-depth review of Milton Friedman’s classic essay on business ethics. Here, we will focus on paragraphs of 24 to 27 of his essay, where Friedman describes CSR as “hypocritical window dressing” and as “a … Continue reading →

We are still reviewing Milton Friedman’s 1970 essay on business ethics. Previously, Friedman had argued that CSR initiatives operate as a kind of stealth tax on shareholders and that taxes should be imposed via ordinary political processes. To his credit, … Continue reading →

As we mentioned at the end of our previous post, we have now completed our review of the first half of Milton Friedman’s classic essay on business ethics. To sum up our review thus far, Professor Friedman is probably right … Continue reading →

We reviewed in our previous post the logic of Professor Friedman’s “principal-agent argument” in his classic critique of CSR (corporate social responsibility). To sum up, although the structure of his principal-agent argument appears to be sound (corporate managers must act … Continue reading →

We shall now proceed with our review of Milton Friedman’s 1970 essay on business ethics. Professor Friedman returns to his principal-agent argument in paragraphs 7 to 10 of his essay, where he draws a fundamental distinction between (a) the social … Continue reading →