Reading Terence Corcoran’s ‘Milton Friedman is right, profit is a company’s only purpose’ in the National Post raises several questions for a creatively maladjusted polymath. The first being the 1970 economy versus the 2019 economy.
The question is which economy?
The one we want to exist or the economy that actually exists? There is a widening gulf between the two as the economy created by the fundamental economic changes that have taken place over recent years diverges from the economy that was created post WWII
Continue reading Which Economy
National Post January 18, 2019
Milton Friedman is right, profit is a company’s only purpose
Terence Corcoran takes on the Nobel economist’s growing league of critics, arguing companies that focus on making shareholders money are just what society needs
In his inimitable way, and with a Canadian union twist, Jerry Dias is on a mini-crusade to overturn the foundations of modern corporate capitalism. As the president of Unifor ratchets up his actions against General Motors Co. over its plan to close the automaker’s Oshawa, Ont., assembly plant, he is deploying some of the ideas from the burgeoning movement to replace profit maximization with a greater focus on employees, communities, social issues, national impacts and global concerns.
Continue reading Terence Corcoran: Milton Friedman is right
The Shrill Shriek of the Abbotsford Shill – II of II.
There is a certain black humour in the fact commenting on the Viewpoint of December 2, 2015 requires more words than were in the Viewpoint itself; enough words to result in a Part I and a Part II. The need for all the additional words reflects how much easier it is to create a false impression than it is to correct that false impression.
Continue reading Re: Viewpoint published December 2, 2015 Part II of II
Perusing the council elected by Abbotsford voters, ‘only in Abbotsford’ came to mind.
Continue reading Only in Abbotsford