When government is anti-business—and what to do about it

Most governments want to have their cake and eat it, too. Canada’s Liberal government is a good example. In a hunt for more tax...

Should the nanny state dictate training for Uber drivers?

Most governments take their nanny role seriously, but some are more zealous than others. Among the most zealous is the provincial government of Quebec....

Government doesn’t create jobs—it kills them

Many politicians have the delusion that government can create jobs (the ultra-delusional among them is Hillary Clinton, who famously said that businesses don’t create...

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...

Beneficiaries vs. “victims” of capitalism?

I recently did an interesting tour of the Carrie Furnaces, a national historic site of a former iron mill near Pittsburgh. Our guide who,...

“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...

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,...

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...