The Green Reich is encroaching: Banning ‘Le Black Friday’

The Black Friday following the American Thanksgiving has migrated to Europe, where retailers and consumers have embraced it as the big discount day to...

How capitalism helps everyone flourish

In my business ethics course we always discuss the social context of business, particularly the implications of different social systems: the prevailing mixed economy,...

Principle of freedom trumps government regulation: Why cannabis market should be free

A reader commented on my earlier post that advocated legalization of cannabis: “Given you position about allowing legalization and everyone has the right to use...

Let’s thank producers

At best, business is dismissed as amoral. Or at worst, it is accused for being fundamentally immoral. Many people disdain business as the realm...

We should want more billionaires: Why inequality does not matter

The two big political and social questions that dominate the discourse today are climate change and economic inequality. Except, there is not much discourse,...

Capitalism: The pro-human social system

Capitalism is the favorite whipping boy of the leftists (such as the Democratic presidential candidates Elizabeth Warren and Bernie Sanders). It gets blamed for...

Peace, love, energy

The Canadian Energy Executives’ Association (CEEA) had its annual business conference recently in Banff, Alberta. The members are mostly oil and gas executives, or...

Does pursuit of profit cause war?

I recently visited the new premises of my alma mater, Aalto University Business School, in Espoo, Finland. There I picked up an issue of...

Why business should care about free speech

I am reading a freshly published book, Defending Free Speech, a collection of essays edited by Steve Simpson and published by the Ayn Rand...

We don’t need protection against big business

Politicians from President Donald Trump to Senator Elizabeth Warren keep complaining that big corporations—Amazon, Google, Apple, Facebook, and others—have too much power and need...

Why is trade not free?

In a recent National Post column, Robert Fulford rightfully lamented the fact that after a quarter century since the United States-Canada Free Trade Agreement...

Corporate welfare is immoral

In its recently released budget, the Canadian government announced $6.4 billion of new corporate welfare spending. The aerospace sector will receive $1.2 billion of...