by Dan Mitchell | Jun 26, 2022 | Big Government, Blogs
In Part I, I warned that “stakeholder capitalism” is not just empty virtue signaling. Some advocates are using the concept to promote a statist agenda. For Part II, let’s start with this video. The main message of the video is that ethical profits are good...
by Dan Mitchell | Jul 22, 2021 | Blogs, Economics, Free Market
Last year, I weighed in on the debate about whether companies should be operated for the benefit of owners (shareholders) or for the broader community (stakeholders). Unsurprisingly, I sided with Milton Friedman and argued that businesses have a...
by Dan Mitchell | Aug 25, 2020 | Big Government, Blogs
Milton Friedman was one of the the 20th century’s greatest defenders of capitalism and individual freedom. He had marvelous insights on issues such as fiscal policy, Sweden, tax competition, and other people’s money, but one of my favorite Friedman quotes is about the...
