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,...

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,...

Investment bankers’ contribution

I recently spoke with a retired investment banker who was disillusioned with his past profession. He said that he had seen so much what...

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...

Government, business, and human flourishing

In a recent conversation about the U.S. presidential election, a well-educated, high-earning professional told me that he had been rooting for Bernie Sanders for...

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...

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...

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’...

A Liberal government in Canada: prospects for freedom and prosperity?

Last week’s landslide victory of the left-of-center Liberal Party in the Canadian parliamentary elections after almost 10 years of Conservative government prompted me to...

Reason to cheer: The top 25 hedge fund managers earn more than all kindergarten...

President Obama, the Chief Inequality Fighter of the United States, in a recent address at Georgetown University discussed poverty and brought up yet another...

Will income inequality kill you?

The answer to the title question is ‘no,’ of course. However, some public health crusaders, carrying the torch of the Occupy movement, make such...

Inequality is not the problem—lack of freedom is

Desperate to leave a legacy—of having turned the United States more sharply toward socialism—President Obama is grasping for various schemes. In his latest State...