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...

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...

In praise of privatization and private property

In a recent column in Calgary Herald, Naomi Lakritz attacked a think-tank’s proposal for improving the city’s governance through privatization of...

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...

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...

“But I don’t want to be moral!”

Upon receiving a copy of my book, How to Be Profitable and Moral, one CEO said: “I don’t want to be moral!” He was...

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...

“As soon as two businessmen get together, they start discussing how to fix prices”

This is what I heard a leftist public radio talk show host say on Sunday morning. My ears naturally perked up upon hearing something...

Ethics of energy

Energy companies, particularly those producing fossil fuels—oil, natural gas, coal—are under attack by the environmentalists and their sympathizers in the media. It is one...

Outsourcing is moral

When I told my husband that I had to write this post defending outsourcing, he suggested the title “I love foreign workers.” Admittedly, that...

Business and happiness

A friend once gave me a T-shirt with “Happiness Is Positive Cash Flow” printed in the front. While I agree that positive cash flow...

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...