Government fails at its job: Nationalization of Trans Mountain pipeline

The Canadian (yes, Canadian, not Venezuelan …) government has just nationalized the yet-to-be-completed Trans Mountain oil pipeline expansion (TMX) by buying its assets from...

Banning private health care kills: Equality at the cost of human lives

Imagine that you have worked hard and saved money so that you can achieve your goals and enjoy yourself but also to be equipped...

The moral case against universal basic income

Finland, my native country, has decided to end its experiment with universal basic income. This is good news.At the beginning of last year, 2,000...

Time to dismiss the nanny: How an over-zealous government hurts us

Time to dismiss the nanny: How an over-zealous government hurts usThe Canadian government makes an excellent example of an over-zealous nanny that perceives itself...

What is a ‘rational’ climate policy?

I recently attended a talk about rational climate policy in Calgary, the headquarter city of the Canadian oil industry. The presenters where  economics professor...

Value of freedom

In an alarming article in the Financial Post, Geoffrey Morgan reports how North American cities are increasingly taking measures to fight climate change—public transit...

“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...

Let’s reject CEO pay caps and minimum wages

The annual CEO compensation bashing typically takes place in early January, when media reports inform us about the increased levels of CEO compensation, in...

What counts as progress and what makes it possible?

At the end of the year, the media is teeming with reviews of the past 12 months. With their focus on the positive, compilations...

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The Federal Communications Commission (FCC) has repealed President Obama’s net neutrality regulations from 2015.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

Wealth concentration is not a moral disgrace

On my recent visit to Southern California, I read an op-ed in the LA Times by Chuck Collins and Josh Hoxie, the authors of...

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...