When a small business is first getting started, its goal may appear relatively straight forward: to make as much money as possible for its owners. But for a business to be successful long term, a new ...
Unless you are a philanthropist running a nonprofit organization, your main motivation for being in business is to generate a healthy income. How you reach that objective, however, will depend on many ...
The 1972 Limits to Growth Report opened a Pandora’s box among economists that has yet to be contained—should economic growth be eternal? As the climate and environmental catastrophe worsens, it’s ...
Over the last several years, many of our small-to-medium size clients have been trying to achieve greater profit maximization by fine tuning their full scale production facility. Each has endeavored ...
Cavallo, the leader in AI-powered profit maximization for distributors, has announced improvements to its Profit Max Platform, including new capabilities designed to help sales teams simplify ...
This book review is a web exclusive for the Fall 2024 issue of The Independent Review. Stephen Bainbridge’s The Profit Motive: Defending Shareholder Value Maximization is both a welcome and valuable ...
I asked Prof. Bainbridge whether I could cross-post this from Corporate Finance Lab, and he kindly agreed: What is the purpose of a corporation? Is it, as Nobel Economics laureate Milton Friedman ...
This paper tied for first place in The Independent Review’s 2024 Student Essay Contest. Milton Friedman’s argument that the social responsibility of a business is to increase its profits is too narrow ...
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