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Reason, independent thinking, production, and freedom: Inspiration from a South Korean biotech company

Amid the fears created by the COVID-19 pandemic and governments’ draconian measures in a vain attempt trying to contain it, I wanted to write...

Government price controls kill people

Last month, 23-year-old Chantelle Lindsay died of cystic fibrosis because she could not access a new drug that is available in the United States...

Income equality is not a value—freedom and productivity are

I have resisted writing about the perceived problem of inequality in income and wealth—Thomas Piketty’s book, Capital in the 21st Century, has received too...

The ballooning regulatory state and the moral sanction by business

All taxpayers are suffering under the increasing regulatory and tax burden, as governments in many countries are trying to cope with sagging economies (that...

 “Shareholder capitalism” and “inclusive capitalism” versus capitalism

In my previous post, I discussed some corporate leaders’ claims that capitalism is dead and their embrace of a “new” corporate purpose: serving all...

Is capitalism dead? Why should you care?

Capitalism has been under attack ever since the Industrial Revolution, which, backed with the Enlightenment ideas of freedom and individual rights, made unprecedented wealth...

Virtuous egoism

You have heard this before: you are either good, or you are selfish. For most people, virtuous egoism is an oxymoron: they don’t think...

Beware of “sustainable” finance

The goal of “sustainable” finance is to incorporate environmental, social and governance (ESG) considerations ones into investment decisions, as opposed to focusing on financial...

Kudos to Uber for resisting the gig work law

California introduced another rights-violating, so-called gig work law (AB5) this year. Its intention is to “protect” gig workers by forcing companies contracting with them...

More reason and freedom in 2020

Reason and freedom are the fundamental requirements of long-term success in business and of human flourishing; our ability to thrive rests on them both....

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...

In praise of privatization and private property

A recent Calgary Herald column attacked a think-tank’s proposal to improve the city’s governance through privatization of many municipal services. According to the typical...