What does it take to “make America great again”?

In his inauguration speech, President Trump promised, as expected, to “make America great again”—but he was short on the principles and details as to...

More light!

“More light!” were the last words of Johann Wolfgang Goethe, the German writer, more than 250 years ago. I agree...

Why Donald Trump is wrong about free trade

The American people have now voted Donald Trump for their president-elect on a promise that he will make America prosperous—by restricting trade and making...

The Pope is wrong: Employment is not exploitation

Recently, during a mass at the Vatican, Pope Francis condemned wealthy employers for paying their workers low wages and accused them of “exploitation”. (Thank...

Brexit: good for business—if liberty prevails

Many media commentators on the British referendum outcome to leave the European Union have zeroed in on the Brits’ frustration with the increasing intrusion...

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,...

Does government suspending Costco’s fish import license make us safer?

Full disclosure: I am a Costco fan, and I particularly like buying wild-caught fish there because it is always fresh and a good value....

Morality of capitalism

I have written about the aversion to capitalism (including among business students) before. Given all the evidence about the benefits of free markets—such as...

Cheering the Burger King takeover of Tim Hortons

I am not a fan of fast food or medium-roast coffee and doughnuts, but the principle of companies trading freely should be defended (see...

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...

Kudos to tech companies for opposing Trump’s irrational travel ban

Kudos to tech companies—Apple, Google, Microsoft, Facebook, and others—for opposing president Trump’s 90-day ban on travelers to the United States from the seven Muslim-majority...

“Inclusive” capitalism and “fair” markets

When government bureaucrats call for “inclusive” capitalism and “fair” markets, you know they are not doing so out of compassion for the poor or...