What's the purpose of business? It's a basic question, but it's an important one to get right. Groups such as the Business Roundtable have offered their own definitions. David Bahnsen, of the Bahnsen Group and the Capital Record podcast, wasn't a fan when the Business Roundtable's Statement on the Purpose of a Corporation came out in 2019. (He wrote about it at the time for NR.) Now, there's a new statement from a group called the Good for Business Coalition, and David is an enthusiastic signer. I talked with him about what makes this statement better, and what business is for, along ...
Econception with David Bahnsen on What Business Is For
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