6 ms·
The idea of trusting any institution whose naked reason for existing is making money is absurd How ironic that the idea that businesses only exists to make mon
by forgotAgain 7y ago
The idea of trusting any institution whose naked reason for existing is making money is absurd
How ironic that the idea that businesses only exists to make money for their owners came from the same institution as the article.
- dredmorbius 7y agoThe shareholder value myth emerged from Chicago, not Harvard, FWIW.
- forgotAgain 7y agoThank you for the correction. I was referring to Jensen and Meckling https://papers.ssrn.com/sol3/papers.cfm?abstract_id=94043 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=94043 but the basis was Friedman.