Misreading Milton Friedman
14:18–15:11 · 54s
Admati revisits Friedman’s 1970 manifesto, noting the overlooked caveat about obeying rules and how business schools ignored it in teaching profit maximization.
14:18–15:11 · 54s
Admati revisits Friedman’s 1970 manifesto, noting the overlooked caveat about obeying rules and how business schools ignored it in teaching profit maximization.
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