From the Sandbu article, Sandbu quotes Adam Smith as saying that we get our dinner from the self-interest of the butcher, baker and brewer. What does he mean by this?Explain
Write a brief essay answering one of the questions below. Friedman distinguishes between the two concepts that (a) businesses really do act in ways to maximize profit and (b) businesses have a moral responsibility (or, as he puts it, a social responsibility) to act to maximize profit. How does he defend the latter position? (See […]