Quote by: Milton Friedman

There is one and only one social responsibility of business–to use it resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud


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Author Bio


  • NameMilton Friedman
  • DescriptionAmerican economist, statistician, and writer
  • BornJuly 31, 1912
  • DiedNovember 16, 2006
  • CountryUnited States Of America
  • ProfessionEconomist; Writer; Statistician
  • AwardsNobel Memorial Prize In Economic Sciences; National Medal Of Science; Presidential Medal Of Freedom; Adam Smith Award