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Milton Friedman was the name of the university of Chicago economist who helped to develop the intellectual position of libertarian economics. The Libertarian believe that  people will be both freer and more prosperous if government intervention in people's economic choices is minimized.

What is Milton Friedman's Doctrine?

The Milton Friedman doctrine, often known as the shareholder theory, is a normative theory of business ethics that contends that a company's social responsibility is to enhance its profits.

According to this doctrine , the company's shareholders are the only group to which it has social responsibility and who drive its economic engine.

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