The Purpose of Business in Society


Read the two PDFs uploaded and only write based on these two PDFs uploaded. No outside sources.

In the readings, Milton Freedman and Karthik Ramanna paint opposing pictures of the purpose and role of business in society. In this short paper,

  1. Identify Friedman’s thesis and briefly outline his argument (be structured about this–identify his logical structure and premises).
  2. Identify Ramanna’s thesis and briefly outline his argument (same here as above).
  3. Evaluate both authors’ arguments. Do you agree or disagree?
  4. Use your evaluation to take a position on the following question: What should the purpose of business in society be?