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...

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...

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

In my previous post, I was writing about the first UN World Happiness Report and how it pits wealth creation—and wealth—against happiness. I promised...

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:...

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...

Fighting climate change undermines freedom of business and human flourishing

“There is no hiding from climate change. It is real and it is everywhere,” stated Prime Minister Justin Trudeau last fall (see the McLean's...

Corporate welfare: Government theft

The Canadian government recently announced that it will give Bombardier, the Quebec-based aerospace and transportation company, a $372 million “repayable loan,” which Prime Minister...

Kudos to tech companies for opposing Trump’s irrational travel ban

Kudos to tech companies—Apple, Google, Microsoft, Facebook, and others—for opposing president Trump’s 90-day ban on travelers to the United States from the seven Muslim-majority...

What does it take to “make America great again”?

In his inauguration speech, President Trump promised, as expected, to “make America great again”—but he was short on the principles and details as to...

Immoral government: “phasing out” fossil fuels

I thought of writing a post to defend the producers of the Canadian oil sands against yet another celebrity attack, after Jane Fonda flew...