Are the rich getting richer and the poor poorer?

The long-standing argument of the Left is that the rich are getting richer and the poor poorer, presumably because the former “exploit” the latter....

Brexit: good for business—if liberty prevails

Many media commentators on the British referendum outcome to leave the European Union have zeroed in on the Brits’ frustration with the increasing intrusion...

Why avoiding taxes is moral

The recent leak of the Panama Papers—which consist of confidential banking documents that report names of thousands of offshore corporations and their shareholders—created a...

Why business and force don’t mix

My recent post on the Pope’s misguided accusation of business for exploiting workers has received some reactions that indicate a misunderstanding of the role...

Apple’s tax strategy is not only legal—it’s moral

The U.S. corporate tax rate is about 40%. Ireland’s is 12.5%. Following a tax minimization strategy and legal transfer pricing practices, Apple claims about...

Confusion of Bill Gates: Capitalism, socialism, and climate change

In a recent interview with the Atlantic, Bill Gates revealed his utter confusion when he claimed that “only socialism can save the planet from...

Should we boycott Amazon?

Amazon has been “exposed” by the New York Times as “a bruising workplace” where employees are driven by callous managers to compete against their...

The Pope is wrong: Employment is not exploitation

Recently, during a mass at the Vatican, Pope Francis condemned wealthy employers for paying their workers low wages and accused them of “exploitation”. (Thank...

The paradox of capitalism

Why is capitalism not appreciated? This is the theme of Peter Foster’s new book: Why we bite the invisible hand: The psychology of anti-capitalism....

“Inclusive capitalism” is not capitalism

Returning from a trip to Europe (the excuse for no posts recently), I read a column in the Wall Street Journal’s Europe edition by...

What is an “unfair” competitive advantage?

Having not read newspapers for the duration of a two-week vacation (the reason for no posts), I eased myself back with the Wall Street...

Mark Zuckerberg wants to make the world a better place: Productiveness vs. charity?

Facebook CEO and recent parent Mark Zuckerberg has written a letter to his newborn daughter—cum a political manifesto—in which he makes the ‘Billionaires’ Pledge’...