If...we want businesses to be "responsible" for other interests than their shareholders', we are, it seems to me, "privatizating" public concerns. A friend pointed me to this piece published by Business Insider. Apparently, here Nobel Laureate Joe Stiglitz* explains that fellow Nobel Laureate Milton Friedman has to be blamed for high inequality and weak growth. The piece reports a conversation with Stiglitz, but I would maintain it is by and large the result of journalistic simplification, as I'm sure Stiglitz would have more rigorous, and persuasive, arguments. The article reads as quite a milkshake of far wider debate on free markets vs interventionism. I am, however, quite impressed by the fact that
Alberto Mingardi considers the following as important: Business Economics
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