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The Firm, Yet Again — Peter Radford

Summary:
There is a new eBook published by the Stigler Center which is an offshoot of the Booth Business School at the University of Chicago. The publication contains a number of short essays either attacking or defending the infamous pronouncements by Milton Friedman on the role of the corporation. This year, you may recall, is the 50th anniversary of the newspaper article in which Friedman described his view that the purpose of the corporation is too maximize shareholder value. The subsequent decades have seen that view permeate the business and legal systems such that to argue against it is seen as oddball in the extreme....The Radford Free PressThe Firm, Yet AgainPeter Radford

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There is a new eBook published by the Stigler Center which is an offshoot of the Booth Business School at the University of Chicago. The publication contains a number of short essays either attacking or defending the infamous pronouncements by Milton Friedman on the role of the corporation. This year, you may recall, is the 50th anniversary of the newspaper article in which Friedman described his view that the purpose of the corporation is too maximize shareholder value. The subsequent decades have seen that view permeate the business and legal systems such that to argue against it is seen as oddball in the extreme....

The Radford Free Press
The Firm, Yet Again
Peter Radford

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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