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Milton Friedman Versus Stakeholder Capitalism


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KUALA LUMPUR, Malaysia, Oct 13 (IPS) – Milton Friedman was arguably the most influential economist of the second half of the 20th century, associated with promoting ‘neo-liberal’, free-market, shareholder capitalism.

Friedman’s monetarist economics is now widely considered irrelevant, if not wrong, especially with the low inflation associated with ‘unconventional’ monetary policies following the 2008-2009 global financial crisis.

Read the full story, “Milton Friedman Versus Stakeholder Capitalism”, on globalissues.org

KUALA LUMPUR, Malaysia, Oct 13 (IPS) – Milton Friedman was arguably the most influential economist of the second half of the 20th century, associated with promoting ‘neo-liberal’, free-market, shareholder capitalism. Friedman’s monetarist economics is now widely considered irrelevant, if not wrong, especially with the low inflation associated with ‘unconventional’ monetary policies following the 2008-2009 global financial crisis.Read the full story, “Milton Friedman Versus Stakeholder Capitalism”, on globalissues.org →