In his doctrine of business ethics,Milton Friedman explicitly argues against ethical behavior by firms.

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Milton Friedman explicitly rejects the idea that businesses should undertake social expenditures beyond those mandated by the law and required for the efficient running of a business.Although Friedman is talking about social responsibility,rather than business ethics per se,many business ethics scholars equate social responsibility with ethical behavior and thus believe Friedman is also arguing against business ethics.However,the assumption that Friedman is arguing against ethics is not quite true,for Friedman does state that businesses should behave in an ethical manner and not engage in deception and fraud.

In His Doctrine of Business Ethics,Milton Friedman Explicitly Argues Against