The power of entrepreneurship: Report from Vietnam

What can we learn about entrepreneurship from the Socialist Republic of Vietnam, a communist dictatorship, you may wonder. Had you asked me just a...

Inequality is not the problem—lack of freedom is

Desperate to leave a legacy—of having turned the United States more sharply toward socialism—President Obama is grasping for various schemes. In his latest State...

“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...

Another win for irrationality: Islamist terrorist attacks on Paris

This was not my planned topic for this week’s post, but the horrific terrorist attacks on Paris by ISIS deserve a reasoned commentary. As...

Government regulation or buyer beware?

A Canadian woman recently bought a can of lobster pate at a Wal-Mart store. The pate was about a year and half past its...

What motivates haters of capitalism?

The intellectual leaders of the Canadian Left, such as Naomi Klein and David Suzuki, and their celebrity fellow travelers, including Neil Young, Donald Sutherland...

The folly of corporate income taxation: Failure to integrate knowledge

Elizabeth Warren and her fellow leftists love corporate taxation because they see it as a means of income redistribution from wealthy investors to workers,...

Is “green” oil good for us?

The carbon reduction craze has been now embraced by the Canadian oil sands producers as the unavoidable necessity to “clean up” their product to...

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...

“Social license to operate” vs. right to liberty and property

The concept “social license to operate” has started to gain traction in the media recently. The term has been attributed to Canadian mining executive...

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...

Beneficiaries vs. “victims” of capitalism?

I recently did an interesting tour of the Carrie Furnaces, a national historic site of a former iron mill near Pittsburgh. Our guide who,...