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Free market should win over government control

After months of deliberation, the Canadian government has finally approved the $15 billion takeover of the Canadian-based oil and gas producer Nexen Inc. by...

There is no conflict between individual and common interests

This is the last installment based on my experiences in Finland in the last month. A few days before I returned to Canada, the...

Exploitation vs. trade

A well-educated, intelligent acquaintance was telling me how the quality of care at a privatized, formerly government-run hospital had immediately declined after its privatization....

Why humility is not a virtue

According to conventional morality, humility is a virtue. We are taught to think not too highly of ourselves or not to take credit for...

Why envy is bad for us

I am writing this post in Finland where I am working for a month. Last week the Finns marked their annual unofficial “National Envy...

Teamwork vs. independent thinking?

If we are to believe people like President Obama who famously said: “You didn’t build that”, individual accomplishment is insignificant; only as a group...

Altruism is not a guide for living—or for business

Most of us pursue self-interest every day: we eat nutritious food,  engage in productive work (to have a purpose and to make a living),...

Why governments should not interfere in the sale of publicly traded companies

This is an issue mostly in countries with abundant natural resources and governments bent on economic nationalism, but it nevertheless poses an interesting ethical...

What drives innovation, the engine of economic growth?

Many economists today are arguing that the unprecedented era of innovation—the last 250 years or so since the industrial revolution—is going to be over...

Ethics of energy

Energy companies, particularly those producing fossil fuels—oil, natural gas, coal—are under attack by the environmentalists and their sympathizers in the media. It is one...

Art, business, and first-handed productiveness

I recently heard a panel discussion by some accomplished professional artists about a variety of topics, ranging from the motivation to paint to the...

Should you apologize for something you have not done?

Last month, Fareed Zakaria, CNN TV host and Time columnist was suspended briefly for plagiarizing a passage by New Yorker writer Jill Lepore. Zakaria...