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JP Morgan loses $2 billion: Why the government should not intervene

When JP Morgan Chase & Co. announced a two billion dollar loss in its main investment office earlier this month, there were increased calls...

A lesson from Yahoo's ex-CEO: Why "embellishing" your resume–or any faking–is not a good...

Scott Thompson, CEO of Yahoo Inc. just since January, resigned this week when it was found out that his resume falsely stated that he...

A lesson from Yahoo’s ex-CEO: Why “embellishing” your resume–or any faking–is not a good...

Scott Thompson, CEO of Yahoo Inc. just since January, resigned this week when it was found out that his resume falsely stated that he...

The Occupiers Claim: Working for A Living is Slavery

Occupy Chicago was advertising its May Day demonstration last week with a poster that said: “If you have to work to live, is it...

Does the Occupy movement have a valid moral claim?

With the recent publication of the Occupy Handbook  (http://www.amazon.com/The-Occupy-Handbook-Janet-Byrne/dp/0316220213/ref=sr_1_6?s=books&ie=UTF8&qid=13357444), and the warm spring weather reviving the Occupy protesters from their winter hiatus, it is a...

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

Last week, I was writing about the first UN World Happiness Report and how it pits wealth creation and wealth against happiness. I promised...

Happiness vs. wealth creation?

The UN World Happiness Report, conducted by the Earth Institute at the Columbia University, was released last week (click here to review) . Taking...

Self-interest vs. the "common good"

A common exhortation heard today is: Set self-interest aside and act for the “common good.” Businesspeople in particular are accused of selfishness and are...

Self-interest vs. the “common good”

A common exhortation heard today is: Set self-interest aside and act for the “common good.” Businesspeople in particular are accused of selfishness and are...

What is in your self-interest?

The following story was related to me by a student. An acquaintance of his was frustrated and unhappy with her job and felt that...

Why you can't "rip off your clients" and maximize profits at the same time

Last week, an apparently disgruntled Goldman Sachs executive, Greg Smith, had his resignation letter published in the New York Times (http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-goldman-sachs.html?_r=2&hp). In the letter,...

Why you can’t “rip off your clients” and maximize profits at the same time

Last week, an apparently disgruntled Goldman Sachs executive, Greg Smith, had his resignation letter published in the New York Times (http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-goldman-sachs.html?_r=2&hp). In the letter,...