We should want more billionaires: Why inequality does not matter

The two big political and social questions that dominate the discourse today are climate change and economic inequality. Except, there is not much discourse,...

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...

What is business ethics for?

A new semester, and a new class of business ethics, has begun. In my class, we initially discuss concrete examples of ethical dilemmas in...

How business improves lives

I have just returned from the world’s biggest gathering of business school academics who study management and organizations, the annual meeting of the Academy...

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 us The Canadian government makes an excellent example of an over-zealous nanny that perceives itself...

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...

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...

Altruism is not a guide for living—or for business

Most of us pursue self-interest every day: we eat nutritious food, engage in productive work (to have a purpose and to make a living),...

What’s driving Amazon’s critics?

Shoppers love Amazon. And why wouldn’t we: fast, often free, home delivery of a wide variety of goods, at great prices and easy returns...

“The same for everyone”

“The same for everyone” “The same for everyone” are  installations of illuminated text by the Scottish artist Nathan Coley, erected on scaffolding around Aarhus, Denmark...

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,...