Tag: Friedman, Milton

5 New York Buildings That Changed American History

Can a conglomeration of bricks, glass, wood, steel and mortar reveal the soul of a city? Maybe even a country? Forged from natural resources and assembled by human ingenuity, these buildings help illustrate how New York evolved from struggling Dutch company town into world capital. There are 700,000 buildings in the city. Here are five […]

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Blame Economists for the Mess We’re In

In the early 1950s, a young economist named Paul Volcker worked as a human calculator in an office deep inside the Federal Reserve Bank of New York. He crunched numbers for the people who made decisions, and he told his wife that he saw little chance of ever moving up. The central bank’s leadership included […]

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What American C.E.O.s Are Worried About

Listen and subscribe to our podcast from your mobile device: Via Apple Podcasts | Via RadioPublic | Via Stitcher For decades, American corporations have prized profits for shareholders above all else. Now, the country’s most powerful chief executives say it’s time to do things differently. What’s driving that change? [For an exclusive look at how […]

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How Shareholder Democracy Failed the People

Democracy is a messy thing. Shareholder democracy may be even messier. For nearly a half-century, corporate America has prioritized, almost maniacally, profits for its shareholders. That single-minded devotion overran nearly every other constituent, pushing aside the interests of customers, employees and communities. That philosophy was rooted in an idea that has an air of nobility […]

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