Part one of term paper
is one of this century's most distinguished and influential economists. He is a Nobel Laureate, and has been a teacher, presidential advisor, and Newsweek columnist. His 1962 book Capitalism and Freedom is a classic examination of capitalism as both an economic system and as a necessary foundation for political freedom. The following quote i ...

Part two of term paper
... on the freedom of people to control their own lives in accordance with their own values is the surest way to achieve the full potential of a great society." -- Free To Choose. In this article, Friedman exerts that increasing its profits is the only social responsibility of a business. I totally disagree with Friedman because, simply put, he is wrong. The following are some of the arguments he has put forth: 1. Interacting with the community will help the firm in the long run by attracting desi ...