In 1970, the economist Milton Friedman laid out what he believed to be the ultimate role of enterprise within modern society – ‘There is one and only one social responsibility of business – to use its resources and engage in…
In 1599, a group of 218 merchants in London led by Sir Thomas Smythe, put their investments together to form a joint stock company. Raising over £3 million, the corporation was set up to obtain spices from the East Indies…
They say that money makes the world go round. After the government’s recent ban on schools teaching material associated with anti-capitalist organisations, I don’t think anyone will be saying different anytime soon. Although the minutiae of the ban are not…