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...

We need more selfishness, not less

Contrary to conventional wisdom, I argue that selfishness is a virtue and that we need more of it. For most people being called...

Giving is not a duty

At this time of the year, many of us are giving presents out of benevolence, goodwill, appreciation, and love—I hope. Gifts are a means...

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...

Are there right answers in ethics?

Ethics education is blossoming in business schools (see a Financial Post article). Yet, the scandals don’t seem to go away: corruption at Canadian construction...

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...

We need more selfishness, not less

Contrary to conventional wisdom, selfishness is a virtue--and we need more of it. For most people being called selfish is an accusation, not praise....

Why isn’t there more rational selfishness?

I am teaching business ethics to a class of MBA students. The course covers the main alternative moral codes: altruism—the most widely adopted code...

Not “giving” or “taking” but trading

The New York Times recently attempted to tantalize readers with a headline: “Is Giving The Secret of Getting Ahead?”. The article featured Adam Grant,...

Moral = practical

Recently I heard a colleague tell someone: “Everyone—except the naïve idealists—knows that one cannot be 100% moral in business; success in business...

Altruism is not a guide for living—or for business

Most of us pursue self-interest every day: we eat nutritious food, engage in productive work (to have a purpose and to make a living),...

Is egoism an obvious moral choice?

My book, How to Be Profitable and Moral: A Rational Egoist Approach to Business, has been translated into Finnish and was recently published in...