Why businesspeople need moral principles

I recently received feedback from the students in my MBA business ethics course earlier this year. While a number of them were enthusiastic in...

What is in your self-interest?

The following story was related to me by a student. An acquaintance of his was frustrated and unhappy with her job and felt that...

Businesses make the world a better place

Hollywood has a long history of businessman movie villains, from Mr. Potter in ‘It’s a wonderful world’ to ‘Wall Street’s’ Gordon Gekko and Lord...

Persistent egoism: Why pursue self-interest?

Many people balk at the idea of ‘persistent egoism’ that I addressed in a recent post. They do so because they have absorbed the...

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...

No more altruism! Rejecting the ethics of self-sacrifice

The first part of this post’s title is a quotation from a student in my business ethics class. She had said that to her...

We need more selfishness, not less

Contrary to conventional wisdom, selfishness is a virtue--and we need more of it. For most people being called selfish is an accusation, not praise....

Business is a moral endeavor

When I tell people that I teach business ethics, I am often told that it is an oxymoron because business cannot be moral. That...

Teamwork vs. independent thinking?

If we are to believe people like President Obama who famously said: “You didn’t build that”, we would conclude individual accomplishment is insignificant; only...

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...

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 isn’t there more rational selfishness?

I am teaching business ethics to a class of MBA students. The course covers the main alternative moral codes: altruism—the most widely adopted code...