Friedman Freeman assignment

Friedman Freeman assignment - Friedman also says the basic...

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Read the Friedman article and Freeman chapters.  (This should already have been completed.)  Then  consider the following: Milton Friedman says that "In an ideal free market resting on private property, no individual can coerce  any other, all cooperation is voluntary, all parties to such cooperation benefit or they need not participate.   There are no 'social' values, no 'social' responsibilities in any sense other than the shared values and  responsibilities of individuals."
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Unformatted text preview: Friedman also says the basic reason why the doctrine of social responsibility involves the acceptance of the sot view that political mechanisms, not market mechanisms, are the appropriate way to determine the allocation of scarce resources Discuss Friedman's arguments from two perspectives. First, justify his statements as ethical positions. Then, using material from Freeman, critique Friedman's arguments....
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This note was uploaded on 09/20/2011 for the course BUSINESS 101 taught by Professor Dr.luzadis during the Spring '11 term at Miami University.

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