Let’s reject CEO pay caps and minimum wages

The annual CEO compensation bashing typically takes place in early January, when media reports inform us about the increased levels of CEO compensation, in...

What counts as progress and what makes it possible?

At the end of the year, the media is teeming with reviews of the past 12 months. With their focus on the positive, compilations...

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...

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...

Focus on progress: We live in the best of times

While often criticizing government for curtailing our freedom instead of protecting it and businesspeople (or others) for failing to act ethically, I want to...

Why Donald Trump is wrong about free trade

The American people have now voted Donald Trump for their president-elect on a promise that he will make America prosperous—by restricting trade and making...

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’...

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...

Bono versus Bill Gates: A capitalist or a statist route to end poverty?

“Aid is just a stop-gap. Commerce—entrepreneurial capitalism—takes more people out of poverty than aid.” You might be surprised that this statement was made by...

Why trying to narrow the income gap is wrong-headed

The “problem” of income inequality is at the top of agenda in many places, most notably in President Obama’s plan for the remainder of...