Through this theory, called Monetarism

What is the Friedman theory?

The Friedman doctrine, also called shareholder theory or stockholder theory, is a normative theory of business ethics advanced by economist Milton Friedman which holds that a firm’s sole responsibility is to its shareholders. … As such, the goal of the firm is to maximize returns to shareholders.

What did Friedman believe about the role of government?

Milton Friedman is associated with the Chicago School, which believes the government should have little to no involvement in free-market activities and that the best outcomes result when these markets allocate resources in an economy.