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Milton Friedman
Beginning of paper
is one of this century's most distinguished and influential economists. He is a Nobel Laureate, and has been a teacher, presidential advisor, and Newsweek columnist. His 1962 book Capitalism and Freedom is a classic examination of capitalism as both an economic system and as a necessary foundation for political freedom. The following qu .... Middle of paper
.... charitable contributions can be deducted for income tax purposes.
3. Corporations are spending the money of their stockholders without their permission.
4. A manager is responsible only to his employers and not the community.
All of the above may sound bad, but the intentions behind them are not entirely falsified.
It would be selfish of us to assume that a corporation would spend a considerable amount of their funds (profits/returns) ....
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Number of words: 1162
Number of pages: 5 (approx. 250 words per double-spaced page)
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