In defense of pipelines—for the sake of human well-being

Our lives and flourishing literally depend on the availability of reliable, affordable, and plentiful energy—most of which comes from fossil fuels: oil, natural gas,...

Why finance is moral

I have just finished reading recently published In pursuit of wealth: The moral case for finance, edited by Yaron Brook and Don Watkins. It...

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...

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...

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,...

How to end poverty

In a recent National Post column, Andrew Coyne reported on a newly released statistic: Canada’s poverty rate had almost halved in 15 years since...

Free speech, censorship, and Facebook: Why should you care?

My esteem for Facebook CEO Mark Zuckerberg has just dropped significantly. In a recent Washington Post op-ed, he implores the government to regulate “harmful”...

Confusion of Bill Gates: Capitalism, socialism, and climate change

In a recent interview with the Atlantic, Bill Gates revealed his utter confusion when he claimed that “only socialism can save the planet from...

Hooray for Uber!

As the last of major (and smaller) cities in Canada, my hometown Calgary finally saw the ride-sharing service Uber launch here a few days...

The costly impact of government meddling with markets: Why competition is good and regulation...

On my recent second trip to Finland this year my observations and discussions with the locals drew my attention to the value of competition...

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...

Corporate welfare: Government theft

The Canadian government recently announced that it will give Bombardier, the Quebec-based aerospace and transportation company, a $372 million “repayable loan,” which Prime Minister...