Why Bayer’s takeover of Monsanto will NOT diminish innovation, increase prices, and destroy...

The German chemicals multinational Bayer has finally completed its takeover of the U.S.-based Monsanto, after nearly a two-year process of obtaining regulatory approval in...

Leave Amazon alone!

Typically, I don’t write about current politics—there are enough commentators doing so already—but I am making an exception on president Trump’s attack on Amazon....

“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...

Government meddling with markets is costly: Why competition is good and regulation bad

When I travel in Finland (my native country), comparisons of Finland and Canada often come up in conversations. On the first glance, one would...

Why net neutrality is bad

The Federal Communications Commission (FCC) has repealed President Obama’s net neutrality regulations from 2015. Good for FCC. I’m not a fan of it, or...

Should the nanny state dictate training for Uber drivers?

Most governments take their nanny role seriously, but some are more zealous than others. Among the most zealous is the provincial government of Quebec....

Beneficiaries vs. “victims” of capitalism?

I recently did an interesting tour of the Carrie Furnaces, a national historic site of a former iron mill near Pittsburgh. Our guide who,...

Profit maximization is moral!

In the last class of my MBA business ethics course, a student commented that while he agreed that businesses must pursue profits to survive,...

The power of entrepreneurship: Report from Vietnam

What can we learn about entrepreneurship from the Socialist Republic of Vietnam, a communist dictatorship, you may wonder. Had you asked me just a...

Another fallacy about capitalism: Coercive monopolies

I recently attended a talk about innovation by a well-known former CEO of a successful Canadian company. His remarks were mostly sensible at first:...

Defending Uber

It appears that Uber is in trouble: good executives quit, allegations of sexual harassment, and a “toxic” work culture. CEO Travis Kalanick was caught...

Why do we fear capitalism?

My MBA students have been discussing alternative social systems as context of business in my business ethics class. While most see the value of...