Milton Friedman, The Social Responsibility Of Business - The Cloak Of Social Responsibility

This lecture discusses key ideas from the 20th Century economist and statistician Milton Friedman's essay, originally published in the New York Times, "The Social Responsibility of Business Is to Increase Its Profits" It focuses specifically on his discussion of what he calls the "cloak of social responsibility," which he views as providing a pretext for engaging in irresponsible and unethical decision-making in business, To support my ongoing work, go to my Patreon site - www.patreon.com/sadler If you'd like to make a direct contribution, you can do so here - www.paypal.me/ReasonIO - or at BuyMeACoffee - www.buymeacoffee.com/A4quYdWoM You can find over 2000 philosophy videos in my main YouTube channel - www.youtube.com/user/gbisadler You can get a copy of the text here - http://websites.umich.edu/~thecore/doc/Friedman.pdf