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 business makes Christmas better

Millions of people are about to celebrate Christmas, by decorating their homes, setting up Christmas trees and lights, getting together with their families, exchanging...

Why are businesses not gearing up for the post-carbon economy?

Governments’ are making great efforts—such as banning oil pipelines and subsidizing unprofitable “green” technologies to avert man-made climate change—to help businesses move to the...

Wealth concentration is not a moral disgrace

On my recent visit to Southern California, I read an op-ed in the LA Times by Chuck Collins and Josh Hoxie, the authors of...

Why finance is moral

I have just finished reading recently published In pursuit of wealth: The moral case for finance, edited by Yaron Brook and Don Watkins. It...

Which is more important: Creating wealth or “giving back”?

Last week I attended an awards gala called “Rising Stars.” It was organized by Canada’s Oilweek magazine to recognize up-and-coming leaders in the oil...

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...

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...

Moral virtues of business success: Lessons from Madoff

Earlier this year, the infamous pyramid investment king Bernie Madoff was testifying in court, in conjunction with a lawsuit that seeks to get his...

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,...