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...

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),...

What’s driving Amazon’s critics?

Shoppers love Amazon. And why wouldn’t we: fast, often free, home delivery of a wide variety of goods, at great prices and easy returns...

Why every business student needs to learn about rational ethics

We all need ethics, a set of moral principles, to guide our choices and actions. Since we have no automatic knowledge of the right...

How mistaken moral views explain bad economics

Morality poses the question: For what purpose should I live and how? Economics studies how to organize production and trade of goods and services...

“The same for everyone”

“The same for everyone”“The same for everyone” are  installations of illuminated text by the Scottish artist Nathan Coley, erected on scaffolding around Aarhus, Denmark...

Embracing the nanny state versus valuing freedom

Everyone knows that freedom is an essential requirement of human survival and happiness. Correct? Apparently not. The other day I was listening to a...

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...

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,...

Giving is not a duty

At this time of the year, many of us are giving presents out of benevolence, goodwill, appreciation, and love—and for those reasons only, I...

Corporate Social Responsibility–why we should drop the concept

Corporate Social Responsibility (CSR) is a concept that has permeated the language of business as a taken-for-granted, feel-good synonym for ‘ethical.’ Despite the term’s...

Businesses make the world a better place

Hollywood has a long history of businessman movie villains, from Mr. Potter in ‘It’s a wonderful world’ to ‘Wall Street’s’ Gordon Gekko and Lord...