Who wrote that the social responsibility of business is to increase profits?

Milton Friedman, an American economist and Nobel laureate, famously stated that the social responsibility of business is to increase its profits. In his 1970 essay for The New York Times, he argued that businesses should prioritize profit generation for their shareholders while adhering to the law and ethical standards. Friedman believed that engaging in social responsibility beyond profit-making could undermine a company's primary economic role.