Why business requires moral clarity and courage

Why would a practical endeavor such as business—creating wealth through production and trade of goods and services—require moral clarity and courage, you may ask....

Why business makes Christmas better

Millions of people have just celebrated Christmas, by decorating their homes, setting up Christmas trees and lights, getting together with their families, exchanging gifts...

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...

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...

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...

Persistent egoism: Why pursue self-interest?

Many people balk at the idea of ‘persistent egoism’ that I addressed in a recent post. They do so because they have absorbed the...

The deep-seated suspicion of self-interest

All living beings pursue their self-interest: their survival. Evolution has programmed most species to do that automatically, within the context of their knowledge. A...

Three confusions in business ethics: selfishness, altruism and personal values

There seems to be three issues central to business ethics about which most people are confused: selfishness, altruism, and personal values. These are serious...

Virtue of justice: Judging others and self

For most of us, judging others is challenging, but it is also necessary. Why? For those who abide by conventional morality, judging others is...

Bill Gates, Justin Trudeau, and the misguided inequality crusade

Bill Gates, the co-founder of Microsoft and a strong technology advocate, and Justin Trudeau, prime minister of Canada and a former high school teacher,...

And the award for corporate appeasement goes to: Tim Hortons

Last week, I praised Exxon’s CEO for standing up to climate change activists and defending his company’s moral right to produce oil—a source of...

Why we should be selfish

I am teaching a business ethics course to MBA students where we cover the main moral codes, such as altruism (the morality of self-sacrifice)...