Utilize the input text as a context reference, choose the right relationship between Milton Friedman and University of Chicago from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

That's a far cry from the notion, popularised by University of Chicago economist Milton Friedman in the 1960s and 1970s, that "there is one and only one social responsibility of business – to ... increase its profits."

Answer: employer