BCOR 3010 Class 0#6 - Contemporary Arguments in Favor of the Classical View

BCOR 3010 Class 0#6 - Contemporary Arguments in Favor of the Classical View

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Click to edit Master subtitle style BCOR 3010 Class #6: Contemporary Arguments in Favor of the Classical Perspective on the Role of Business
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Discussion of Milton Friedman A. What is the essence of the free market/free enterprise? B. What are its values? C. What is the government’s role? D. What is the social responsibility of business? E. You Gotta Problem with This? CNBC Tribute
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Discussion of Milton Friedman A. What is the essence of the free market/free enterprise?
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What is essence of the free market? “The possibility of co-ordination through voluntary co-operation rests on the elementary- yet frequently denied- proposition that both parties to an economic transaction benefit from it, provided the transaction is bi-laterally voluntary and informed. Friedman, Capitalism and Freedom (2002 Edition), p.13.
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The Pencil
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Discussion of Milton Friedman B. What are its values? What is Greed?
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Discussion of Milton Friedman C. What is the government’s role?
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Discussion of Milton Friedman D. What is the social responsibility of business?
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