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A comment on No Science, No Startups: The Innovation Engine We're Switching Off. Parent comment

Re:No Science, No Startups: The Innovation Engine We're Swit... by cratermoon on Monday October 13, 2025 @11:53AM (#45569754)
Your question is a reflection of just how engrained the Friedman doctrine has become in business. Milton Friedman introduced his theory in 1970, but it really got a boost in the 80s. First in 1981 when President Reagan named him to his Economic Policy Advisory Board and again in 1988, when Reagan gave him the Presidential Medal of Freedom and the National Medal of Science.

There are still many competing theories of business ethics, but the Friedman doctrine is what drives corporations today.

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Re:No Science, No Startups: The Innovation Engine We're Swit... by marcosdumay on Monday October 13, 2025 @10:18PM (#45575569)
Was anything form Friedman actually proven correct or worked on practice?

I don't understand how he became such a big name.

EDIT: Hum... Do the people downvoting have some answer?

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