December 7, 2006

Milton Friedman Was Right About Philanthropy After All

By Leslie Lenkowsky

To most people in philanthropy, Milton Friedman, the Nobel Prize-winning economist who died last month, is probably best known — if he is known at all — as an opponent of corporate social responsibility, which he once called a form of "pure and unadulterated socialism." He also compared the idea of requiring young people to perform national service to the Hitlerjugend, the Nazi Party's youth movement.

But if such comments made Mr. Friedman easy to dismiss as an

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