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Podcast: When business should take a stand

Podcast: When business should take a stand

"There is one and only one social responsibility of business," Nobel Prize-winning economist Milton Friedman famously declared more than 50 years ago. It is “to use its resources and engage in activities designed to increase profits so long as it.. engages in open and free competition without deception or fraud.”

Times have certainly changed, especially in the past two decades. Today, corporate leaders and brands know that they can't always follow Friedman's advice, and are expected to step forward and contribute to solving crises facing society. But there are often hazards in doing so. Walt Disney, Delta Airlines, and Larry Fink, Chairman, and CEO of BlackRock, have all faced harsh criticism for their public stands.


On this episode of "How do we Fix it," hosts discuss the hazards and opportunities for corporations and their leadership with the author, researcher, and facilitator Elizabeth Doty, Director of the Erb Institute's Corporate Political Responsibility at the University of Michigan. She suggests constructive ways for businesses to play a key role in countering hyperpartisanship and other divisions in society.

When Business Should Take a Stand. Elizabeth Doty

When Business Should Take a Stand. Elizabeth Doty

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Tariff ‘Mission Accomplished’ Hype Is Just That

In an aerial view, a container ship arrives at the Port of Oakland on Aug. 1, 2025, in Oakland, California.

Justin Sullivan/Getty Images/TNS

Tariff ‘Mission Accomplished’ Hype Is Just That

On May 1, 2003, George W. Bush announced, “Major combat operations in Iraq have ended.” He was standing below a giant banner that read, “Mission Accomplished.” At the risk of inviting charges of understatement, subsequent events didn’t cooperate. But it took a while for that to be widely accepted.

We’re in a similar place when it comes to President Trump’s experiment with a new global trading order.

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Back to School Shopping? Expect Higher Prices, “Invisible” to the Consumer

AI-driven "surveillance pricing" hides the price increases from stressed-out parents.

Getty Images, Isabel Pavia

Back to School Shopping? Expect Higher Prices, “Invisible” to the Consumer

For families with school children, the summer is coming to a close, and it’s time to start thinking about—school shopping! New clothes, shoes, daypacks, and school supplies are topmost of mind, making sure your little Einsteins and Rembrandts are ready to take on the new school year.

But this year, it’s coming with a twist—not only are prices higher in the stores and online, but the price increases are seemingly “invisible” due to deceptive uses of new technologies and what is known as “surveillance pricing.”

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Celebrating National Black Business Month

National Black Business Month is about correcting an imbalance and recognizing that supporting Black-owned businesses is suitable for everyone.

Getty Images, Tara Moore

Celebrating National Black Business Month

Every August, National Black Business Month rolls around, and for a few weeks, social media lights up with hashtags and well-meaning posts about supporting Black-owned businesses. You'll see lists pop up—restaurants, bookstores, clothing lines—all run by Black entrepreneurs. Maybe your favorite coffee shop puts up a sign, or a big brand launches a campaign. But once the month ends, the noise fades, and for many, it's back to business as usual.

This cycle is familiar. It's easy to mistake visibility for progress or to think that a single purchase is enough. But National Black Business Month is meant to be more than a fleeting moment of recognition. It's a moment to interrogate the systems that got us here and to put our money—and our intent—where our mouths are. In a better world, Black business success would be a given, not a cause for annual celebration.

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The Blooming Trade: How Colombia’s Cut Flower Industry Fuels America’s Floral Economy

Mural of silleteros who carry traditional wooden frame adorned with elaborate floral arrangements

Credit: Hugo Balta

The Blooming Trade: How Colombia’s Cut Flower Industry Fuels America’s Floral Economy


Medellín, Colombia —
The city of eternal spring once again lived up to its name as Medellín wrapped up the 2025 edition of its iconic Feria de las Flores this week, a ten-day celebration of paisa culture, floral artistry, and community pride. Held from August 1 to 10, the festival featured over 200 events, drawing locals and tourists alike into a vibrant tapestry of tradition, music, and innovation.

At the heart of the Feria was the legendary Desfile de Silleteros, held on August 10. This year, 535 silleteros from Santa Elena paraded through the city with elaborate floral arrangements strapped to their backs—living testaments to Antioquia’s agricultural heritage.

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