Explain what economic idea is the author alluding


In "The Social Responsibility of Business Is to Increase its Profits," explain what economic idea is the author alluding to by stating that the social responsibility of business is to increase profits? What does Friedman mean when he equates social responsibility to "taxation without representation?" Friedman states that the principle underlying the market mechanism is "unanimity."

Request for Solution File

Ask an Expert for Answer!!
Macroeconomics: Explain what economic idea is the author alluding
Reference No:- TGS0870951

Expected delivery within 24 Hours