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{{Project|Has project output=Content|Has sponsor=McNair ProjectsCenter
|Has title=Free Enterprise Lit Review
|Has owner=Anne Dayton,
}}
==Literature Review==
 
The promotion of Free Enterprise as an American ideal originates in libertarian and conservative responses to the New Deal. Rippa (1958, 1959) shows how free enterprise was promoted in school textbooks. St. John (2010) examines its promotion in newspapers. Fines-Wolf (1994) examines the promotion of free enterprise ideals by National Association of Manufacturers (NAM) in the post-war period.
 
The ethics of the free enterprise system has also been a subject of discussion.
 
Erteszek (1982) asserts that "the moral basis of a free enterprise system faces both new and persistent challenges... these challenges cannot be met without a new, ethical vision of private enterprise, and a reconfiguration of the moral purpose of corporate life... The experience of history indicates that man will not act nobly, with compassion and fidelity, simply out of enlightened self-interest... the new vision needed by modern man and woman is to be found not in self-interest but in Judeo-Christian virtues... the Judeo-Christian system has the power to transform modern man and to stimulate him to a life of service, stewardship and compassion."
 
Wishloff (2003) argues that "an economic system of responsible free enterprise.. [would] be accompanied by a sense of social and moral responsibility which might have to be encouraged and enforced by the government... Our enterprises, taken as a whole, are not fulfilling their social and moral responsibilities... the root cause of [this problem is] adherence to the metaphysics of material scientism... Common sense realism is proposed as a more suitable alternative."
==Free Enterprise as Response to New Deal==
'''Erteszek, Jan J. 1982. “Corporate Enterprise and Christian Ethics.” Review of Social Economy 40 (3): 323–329.'''
 
@article{erteszek_corporate_1982,
volume = {7},
shorttitle = {The transactional ethic},
url = {http://www.springerlink.com/index/T56T3T746576P160.pdf},
abstract = {A review of the evolution of the ethical foundations of free enterprise reveals the essentially
utilitarian ethical foundation prevailing today. To enrich those foundations the article
'''———. 2002. The Free-Market Innovation Machine: Analyzing the Growth Miracle of Capitalism. Princeton University Press.
'''
 
 
@article{baumol_entrepreneurship_1968,
title = {Entrepreneurship in economic theory},
url = {http://www.jstor.org/stable/1831798 },
abstract = {The entrepreneur is at the same time one of the most intriguing and one of the most elusive
characters in the cast that constitutes the sub-ject of economic analysis. He has long been
recognized as the apex of the hierarchy that determinies the behavior of the firm and thereby
bears a heavy responsibility for the vitality of the free enterprise society. In the writings of the
classical economist his appearance was frequent, though he remained a shadowy entity
without clearly defined form and function. Only Schumpeter and, to some degree},
urldate = {2017-07-19},
journal = {The American economic review},
author = {Baumol, William J.},
year = {1968},
pages = {64--71}
}
 
@article{baumol_entrepreneurship:_1996,
title = {Entrepreneurship: {Productive}, unproductive, and destructive},
}
@article{baumol_entrepreneurship_1968,
title = {Entrepreneurship in economic theory},
url = {http://www.jstor.org/stable/1831798 },
abstract = {The entrepreneur is at the same time one of the most intriguing and one of the most elusive
characters in the cast that constitutes the sub-ject of economic analysis. He has long been
recognized as the apex of the hierarchy that determinies the behavior of the firm and thereby
bears a heavy responsibility for the vitality of the free enterprise society. In the writings of the
classical economist his appearance was frequent, though he remained a shadowy entity
without clearly defined form and function. Only Schumpeter and, to some degree},
urldate = {2017-07-19},
journal = {The American economic review},
author = {Baumol, William J.},
year = {1968},
pages = {64--71}
}
@book{baumol_free-market_2002,
==Corporate Social Responsibility==
 
'''Drucker, Peter F. 1984. “Converting Social Problems into Business Opportunities: The New Meaning of Corporate Social Responsibility.” California Management Review 26 (2): 53–63.
'''
@article{drucker_converting_1984,
volume = {26},
shorttitle = {Converting social problems into business opportunities},
url = {http://scholar.google.com/scholar?cluster=4810669361408720838&hl=en&inst=2735627273918615248&inst=569367360547434339&oi=scholarr},
abstract = {Increasingly, "Social Responsibility of Business" in the years to come will no longer mean "Doing Good" or "Not Doing Harm." It will have to come to mean converting social problems into opportunities for profitable business},
number = {2},
file = {Snapshot:files/55/scholar.html:text/html}
}
 
'''Davis, Keith. 1960. “Can Business Afford to Ignore Social Responsibilities?” California Management Review 2 (3): 70–76. doi:10.2307/41166246.'''
@article{davis_can_1960,
volume = {2},
issn = {0008-1256},
url = {http://dx.doi.org/10.2307/41166246},
doi = {10.2307/41166246},
abstract = {Few persons would deny that there are significant changes taking place in social, political,
}
==Milton Friedman==
=='''Friedman, Milton , and Rose D. Friedman==,. n.d. Free to Choose: A Personal Statement.'''
@book{friedman_free_nodate,
title = {Free to {Choose}: {A} {Personal} {Statement}},
url = {http://14.139.206.50:8080/jspui/bitstream/1/2166/1/Friedman%26Friedman%20-%20Free%20To%20Choose.pdf},
author = {Friedman, Milton and Friedman,, Rose D.}
}
 
'''Friedman, Milton. 2007. “The Social Responsibility of Business Is to Increase Its Profits.” '''
 
''Bibliographic entry is incomplete & incorrect. Date is not date of original publication.''
@article{friedman_social_2007,
title = {The social responsibility of business is to increase its profits},
url = {http://link.springer.com/content/pdf/10.1007/978-3-540-70818-6.pdf#page=172},
urldate = {2017-07-20},
journal = {Corporate ethics and corporate governance},
year = {2007},
pages = {173--178},
file = {[PDF] from umich.edu:files/99/Friedman - 2007 - The social responsibility of business is to increa.pdf:application/pdf;Snapshot:files/100/978-3-540-70818-6.html:text/html}
}
==Students' Hostility to Free Enterprise (from the late 1970s)==
 =='''Kilpatrick, James L. 1975. “Why Students' Hostility Are Hostile to Free Enterprise .” College Store Journal 42 (from the late 1970s6)==: 92–3.'''
@article{kilpatrick_why_1975,
title = {Why {Students} {Are} {Hostile} to {Free} {Enterprise}.},
volume = {42},
url = {https://eric.ed.gov/?id=EJ126144},
abstract = {A Gallup study is described, which was commissioned by Oklahoma State Christian College
regarding the philosophical orientation of college students generally (liberal or
}
 
'''Metzner, Henry E., and Edwin C. Sims. 1978. “Student Attitudes toward the Free Enterprise System.” The Journal of Economic Education 10 (1): 46–50. doi:10.2307/1182166.'''
@article{metzner_student_1978,
volume = {10},
issn = {0022-0485},
url = {http://www.jstor.org/stable/1182166},
doi = {10.2307/1182166},
abstract = {Over 56 percent of the respondents to the survey felt large companies engaged in
==Reagan Administration==
 
'''Cavanach, Gerald E. 1982. “Free Enterprise Values: Delayed Gratification or Immediate Fulfillment.” Review of Social Economy 40 (3): 330–339.
'''
@article{cavanach_free_1982,
volume = {40},
shorttitle = {Free {Enterprise} {Values}},
url = {http://www.tandfonline.com/doi/pdf/10.1080/00346768200000035},
abstract = {Lessened productivity along with inflation and unemployment are the principal problems
currently facing the US economy. These problems are largely a result of a short-term,
==Adam Smith ==
 
'''Winch, Donald. 1991. “Adam Smith: The Prophet of Free Enterprise.” History of Economics Review 16 (1): 102–106.'''
@article{winch_adam_1991,
volume = {16},
shorttitle = {Adam {Smith}},
url = {http://www.tandfonline.com/doi/pdf/10.1080/10370196.1991.11733094},
abstract = {When Adam Smith died 200 years ago today, the event was greeted in the Times by a
supercilious obituary which alleged that he had courted local opinion in a commercial town
file = {[PDF] from hetsa.org.au:files/64/Winch - 1991 - Adam Smith the prophet of free enterprise.pdf:application/pdf;Snapshot:files/73/10370196.1991.html:text/html}
}
 
==Critics of Free Enterprise==
# '''Arnold, N. Scott. 1990. “Economists and Philosophers as Critics of the Free Enterprise System.” The Monist 73 (4): 621–641.'''
@article{arnold_economists_1990,
==Arthur C. Brooks==
@book{brooks_road_2012, title = {The road to freedom: how to win the fight for free enterprise}'''Brooks, shorttitle = {The road to freedom}, url = {http://booksArthur C.google2011.com/books?hl=en&lr=&id=5tNvv4I4Z4IC&oi=fnd&pg=PA3&dq=infoThe Battle:9XgI-cmWyN8J:scholar.googleHow the Fight between Free Enterprise and Big Government Will Shape America’s Future.com&ots=izIJ1ScO7I&sig=uJPX-iEWTQlejSZ5WckAuQB_sIA}, urldate = {2017-07-19}, publisher = {Basic Books (AZ)}, author = {Brooks, Arthur C.}, year = {2012}, file = {Snapshot:files/70/books.html:text/html}}'''
@book{brooks_battle:_2011,
title = {The battle: {How} the fight between free enterprise and big government will shape {America}'s future},
shorttitle = {The battle},
url = {http://books.google.com/books?hl=en&lr=&id=pUdfy7GqciUC&oi=fnd&pg=PR7&dq=info:RQVcSGmPUM8J:scholar.google.com&ots=4BZWvQQ4F7&sig=Fa0dBYBysgOne6NYz-eICAZUR7M},
abstract = {America faces a new culture war. It is not a war about guns, abortions, or gays—rather it is a
war against the creeping changes to our entrepreneurial culture, the true bedrock of who we
year = {2011},
file = {Snapshot:files/92/books.html:text/html}
}
 
'''———. 2012. The Road to Freedom: How to Win the Fight for Free Enterprise. Basic Books'''
 
@book{brooks_road_2012,
title = {The road to freedom: how to win the fight for free enterprise},
shorttitle = {The road to freedom},
url = {http://books.google.com/books?hl=en&lr=&id=5tNvv4I4Z4IC&oi=fnd&pg=PA3&dq=info:9XgI-cmWyN8J:scholar.google.com&ots=izIJ1ScO7I&sig=uJPX-iEWTQlejSZ5WckAuQB_sIA },
urldate = {2017-07-19},
publisher = {Basic Books (AZ)},
author = {Brooks, Arthur C.},
year = {2012},
file = {Snapshot:files/70/books.html:text/html}
}
==Powell Memorandum==
 
'''Powell Jr, Lewis F. 1971. “Attack on American Free Enterprise System.” '''
 
@article{powell_jr_attack_1971,
title = {Attack on {American} free enterprise system},
url = {http://lawdigitalcommons.bc.edu/darter_materials/79/?utm_source=lawdigitalcommons.bc.edu%2Fdarter_materials%2F79&utm_medium=PDF&utm_campaign=PDFCoverPages},
abstract = {Abstract Memorandum from future Supreme Court Justice Lewis F. Powell to the US
Chamber of Commerce. This document came to be widely known as the Powell
}
==Evolutionary Psychology==
'''Richerson, Peter, and Rob Boyd. 2008. “The Evolution of Free Enterprise Values.” https://papers.ssrn.com/sol3/papers.cfm?abstract_id==Evolutionary Psychology==929169.'''
@article{richerson_evolution_2008,
title = {The evolution of free enterprise values},
url = {https://papers.ssrn.com/sol3/papers.cfm?abstract_id=929169},
abstract = {Free enterprise economic systems evolved in the modern period as culturally
transmitted values related to honesty, hard work, and education achievement emerged. One
==Evolution of Capitalism==
 
'''Halal, William E. 1988. “The New Capitalism: Democratic Free Enterprise.” The Futurist 22 (1): 26.'''
@article{halal_new_1988,
==Essays from 1956==
 
'''Sennholz, Mary. 1956. On Freedom and Free Enterprise: Essays in Honor of Ludwig von Mises. Ludwig von Mises Institute. '''
@book{sennholz_freedom_1956,

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