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The power of entrepreneurship: Report from Vietnam

What can we learn about entrepreneurship from the Socialist Republic of Vietnam, a communist dictatorship, you may wonder. Had you asked me just a...

The folly of corporate income taxation: Failure to integrate knowledge

Elizabeth Warren and her fellow leftists love corporate taxation because they see it as a means of income redistribution from wealthy investors to workers,...

Which is more important: Creating wealth or “giving back”?

Last week I attended an awards gala called “Rising Stars.” It was organized by Canada’s Oilweek magazine to recognize up-and-coming leaders in the oil...

Why wealth creation (and private property and property rights) is good for the planet

In my previous post, I was writing about the first UN World Happiness Report and how it pits wealth creation—and wealth—against happiness. I promised...

Another fallacy about capitalism: Coercive monopolies

I recently attended a talk about innovation by a well-known former CEO of a successful Canadian company. His remarks were mostly sensible at first:...

Defending Uber

It appears that Uber is in trouble: good executives quit, allegations of sexual harassment, and a “toxic” work culture. CEO Travis Kalanick was caught...

Why do we fear capitalism?

My MBA students have been discussing alternative social systems as context of business in my business ethics class. While most see the value of...

Upselling by banks: Why more regulation is not the solution

Canadian Broadcasting Corporation (CBC), Canada’s tax-payer funded radio- and television broadcaster, is calling for tighter regulation of banks—true to its leftist, anti-business leanings. This...

Greenpeace admits to deception: Why business must defend itself

Business is under continual attack, by environmentalist and other NGOs, helped by Hollywood celebrities and often hostile media. The attackers accuse business of destroying...

Keys to innovation

As David Akin writes in the Financial Post, the Canadian government has tried, through science policy, tax incentives and other programs, to boost innovation...

Fighting climate change undermines freedom of business and human flourishing

“There is no hiding from climate change. It is real and it is everywhere,” stated Prime Minister Justin Trudeau last fall (see the McLean's...

Bill Gates, Justin Trudeau, and the misguided inequality crusade

Bill Gates, the co-founder of Microsoft and a strong technology advocate, and Justin Trudeau, prime minister of Canada and a former high school teacher,...