PHI 2397 Study Guide - Quiz Guide: Conscription In The United States, Corporate Social Responsibility, Augusto Pinochet

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14 Nov 2018
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The social responsibility is to increased its pro ts. Received the 1976 nobel prize in economic sciences for his research on consumption analysis, monetary jewish-americas economist regarded personal choice as the highest goal history and theory. Advisor to republican u. s. president ronald reagan and conservative british prime minster margaret. His political philosophy extolled the virtues of a free market economic system with minimal intervention. He once sated that his role in eliminating u. s. conscription was his prodest accomplishment. In an april 21, 1975, letter to general pinochet, friedman stated that there is only one way to end in ation: by shock treatment . In the letter friedman recommended to deliver the shock approach with a package to eliminate the surprise and to relieve acute distress including the removal of as many as obstacles as possible that now hinder the private market. For example, suspend the present law against discharging employees .