All Posts Tagged With: "corporations"
Regulatory Extortion
Thomas DiLorenzo is a professor of economics at Loyola College in Baltimore, Maryland. This article is based on a presentation prepared for the Ludwig von Mises Institute’s conference, “Austrian Economics and the Financial Markets,” last September in Toronto. In 1978 Michael Jensen and William Meckling, writing in the Financial Analysts Journal, offered an extraordinarily gloomy [...]
1Mar2000 | Thomas J. DiLorenzo | 8 comments | ContinuedProtection for Bad Managers
Christopher Mayer, a commercial loan officer, is studying for his MBA at the University of Maryland. My home state of Maryland is considering adopting anti-takeover legislation to protect the small number of major corporations with headquarters in the state. The legislation would allow the directors of Maryland corporations to adopt defenses against takeovers without the [...]
1Aug1999 | Christopher Mayer | 1 comment | ContinuedDo Corporations Have Social Responsibilities?
John Hood is president of the John Locke Foundation, a public-policy think tank in North Carolina, and the author of The Heroic Enterprise: Business and the Common Good (Free Press, 1996). Businesses are accustomed to being criticized for neglecting their responsibilities to society. Complaints that private enterprise puts profit before people have long provided reliable [...]
1Nov1998 | John Hood | 27 comments | ContinuedThe Fire of Invention: Civil Society and the Future of the Corporation
John Hood is president of the John Locke Foundation, a nonprofit think tank based in Raleigh, North Carolina, and author of The Heroic Enterprise. The Corporation, as we know it–and we know it from every aspect of our lives–was invented; it did not come to be of itself.” With those words from Oscar Handlin begins [...]
1Jul1998 | John Hood | 0 comments | ContinuedFoolish Inconsistencies
When a domestic steel producer solemnly croons for the television cameras about how high tariffs on imported steel are good for the American economy, you can be sure that he is not really interested in the well-being of his fellow citizens. He is undoubtedly a swindler motivated by no ideal more elevated than fattening his [...]
1Jun1998 | Donald J. Boudreaux | 0 comments | ContinuedStockholders as Stakeholders
Dr. Younkins is a professor of accountancy at Wheeling Jesuit University. The issue of corporate social responsibility first emerged in the early twentieth century, when corporations were criticized for being too large and powerful and for engaging in anti-social and anti-competitive practices. Some business leaders responded by using their private wealth for community and social [...]
1Apr1997 | Edward W. Younkins | 2 comments | ContinuedReligion’s Modern Witch Hunt
Dr. Dickson is a chemistry teacher, ordained clergyman, and writer whose articles have appeared in The Wall Street Journal, Barron’s, The Christian Science Monitor, and numerous other scientific, religious, and business publications. The Old Testament Book of Exodus contains a verse which reads, “thou shalt not suffer a witch to live.” For hundreds of years [...]
1Feb1995 | Charles Dickson | 0 comments | Continued-
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