Misunderstood self-interest

I have been reading articles about business ethics lately, and to my dismay discovered a common feature: a lack of understanding of self-interest. This...

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)...

Why is there racism in business?

A recent trip to the Southern United States made me aware of a sad truth: racism is live and well, decades after racial segregation...

How to be profitable and moral in 2019

The title of this post takes its cue from columnists and bloggers who offer advice for the coming year at this time, although a...

The secret to long-term profitability: Moral principles

As every business owner knows, starting and operating a business successfully requires continual decision making: What type of business to choose and why? Where...

Moral choices in business: altruism, cynical exploitation, or rational egoism?

Having recently concluded teaching an MBA business ethics course, I received unusual feedback from a student. He liked the course but told me that...

Who should get bonuses?

This story was shared by an MBA student who was trying to assess a personal business experience.  A small technology start-up has started to...

“Under capitalism, who would regulate us?”

"Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned.” –Ayn Rand To...

Greenpeace admits to deception: Why business must defend itself

Business is under continual attack, by environmentalist and other NGOs, helped by Hollywood celebrities and often hostile media. The attackers accuse business of destroying...

Businesspeople are producers, not predators

Businesspeople (particularly, businessmen) are the favorite villains of Hollywood. The latest piece of evidence: the newly released movie Gold, starring Matthew McConaughey, loosely based...

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...

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,...