Social and Behavioral Sciences Commons^™

Business Policy And The Public Welfare, Murray L. Weidenbaum

Murray Weidenbaum Publications

It is not a question of advocating for the elimination of all government intervention in the economy, as many government programs do generate important benefits to the public. This paper calls for a new way of thinking in public policymaking. This new paradigm must simultaneously help to achieve the nation's social goals while allowing business to pursue more efficient production of better goods and services.