When Milton Friedman claimed that a corporation's only responsibility is profits, few people knew that it would become conventional wisdom. David Colander, the always original and often iconoclastic economist, makes the refreshing case in support of for-benefit enterprises.

Most economists believe that outsourcing will lead to prosperity for both the United States and poor nations. This economic theorist has doubts. Based on the law of one price, he believes that the U.S. economy might be in for a rough ride.