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...

A shareholder-employee conflict?

I just finished reading a Finnish novel in which the main conflict is between Forest Giant (English translation), a large forest products company in...

Why business and force don’t mix

My recent post on the Pope’s misguided accusation of business for exploiting workers has received some reactions that indicate a misunderstanding of the role...

What is an “unfair” competitive advantage?

Having not read newspapers for the duration of a two-week vacation (the reason for no posts), I eased myself back with the Wall Street...

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:...

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The Federal Communications Commission (FCC) has repealed President Obama’s net neutrality regulations from 2015.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...

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,...

By banning Airbnb and Uber, government violates our rights

Have you tried Airbnb to find a place to stay during your summer travels, or used Uber to find a ride? Whether you have...

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...

The nanny state of Finland

On a recent visit to Finland, I had some exposure to the current state of the culture and politics of my native country. Sad,...

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,...

Why government is anti-innovation

The Canadian Liberal government (similar to the Democrats, but further to the Left) announced its first budget last week, filled with bold promises—and lots...