Milton Friedman (Economist and Nobel Laureate)
Friedman, by virtue of dying in late 2006, was still causing chatter and influence in 2007- primarily due to his oft-cited quote: “Few trends could so thoroughly undermine the very foundations of our free society as the acceptance of corporate officials of a social responsibility other than to make as much money for their stockholders as possible.” Hey, it’s a great quote but how many people realize that it’s from 1962! Friedman got a lot of things right, but even he admitted that he was often wrong, too. He also frequently stated that free markets have been shown to solve social and political problems that other systems have failed to address adequately. Perhaps that is exactly what the CSR movement is doing today!
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