The causes of the Greek economic tragedy—and the cure

New headlines and news stories about Greece’s looming economic collapse appear daily. This weekend, the National Post has a series of articles on the...

Appeasing “stakeholders:” How not to deal with corporate critics

A few months ago I announced the “Corporate Appeasement Award” for Tim Hortons, the Canadian coffee shop chain that caved in under an environmentalist-orchestrated...

“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...

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....

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,...

Business under an attack: Lessons from Resolute Forest Products

The Montreal-based pulp and paper company Resolute Forest Products has been harassed by the American radical environmental group ForestEthics for years. The ENGO (environmental...

New Year’s wishes: more reason and freedom

I can’t make resolutions to increase long-term success and prosperity for business, but I can identify their requirements: more reason and freedom. Many of...

Government regulation or buyer beware?

A Canadian woman recently bought a can of lobster pate at a Wal-Mart store. The pate was about a year and half past its...

In defense of pipelines—for the sake of human well-being

Our lives and flourishing literally depend on the availability of reliable, affordable, and plentiful energy—most of which comes from fossil fuels: oil, natural gas,...

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...

Why government is anti-innovation

The Canadian Liberal government (similar to the Democrats, but further to the Left) announced its first budget last week, filled with bold promises—and lots...

Another corporate hero: Exxon Mobil fights back for free speech

Many oil companies succumb to the pressure from environmental activists and the media and join the fight against ‘climate change,’ or at least make...