Bill Gates, Justin Trudeau, and the misguided inequality crusade

Bill Gates, the co-founder of Microsoft and a strong technology advocate, and Justin Trudeau, prime minister of Canada and a former high school teacher,...

Why avoiding taxes is moral

The recent leak of the Panama Papers—which consist of confidential banking documents that report names of thousands of offshore corporations and their shareholders—created a...

Abolish minimum wages

Most countries have some kind of minimum wage laws. They are intended to protect unskilled or inexperienced workers against “exploitation” by employers who, in...

Income equality is not a value—freedom and productivity are

I have resisted writing about the perceived problem of inequality in income and wealth; Thomas Piketty’s book, Capital in the 21st Century, has received...

Why trying to narrow the income gap is wrong-headed

The “problem” of income inequality is at the top of agenda in many places, most notably in President Obama’s plan for the remainder of...

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...

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...

Reason wins: the Swiss reject limit to executive pay

The Swiss are known as egalitarian people, reportedly concerned about the widening income disparity in their country. This was manifested by the recent...

Mark Zuckerberg wants to make the world a better place: Productiveness vs. charity?

Facebook CEO and recent parent Mark Zuckerberg has written a letter to his newborn daughter—cum a political manifesto—in which he makes the ‘Billionaires’ Pledge’...

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...

Income inequality is moral

I was listening to the radio on the weekend and heard a leading Canadian socialist, Stephen Lewis, lament about the big income gap between...