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...

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...

The Pope is wrong: Employment is not exploitation

Recently, during a mass at the Vatican, Pope Francis condemned wealthy employers for paying their workers low wages and accused them of “exploitation”. (Thank...

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...

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),...

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...

Does the Occupy movement have a valid moral claim?

With the recent publication of the Occupy Handbook  (http://www.amazon.com/The-Occupy-Handbook-Janet-Byrne/dp/0316220213/ref=sr_1_6?s=books&ie=UTF8&qid=13357444), and the warm spring weather reviving the Occupy protesters from their winter hiatus, it is a...

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...

Why Is It Moral to Pay CEOs 300 Times More Than Average Employees?

The compensation of Chief Executive Officers of large American corporations is about 300 times more than that of the average employee. Such a big...

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...

Reason to cheer: The top 25 hedge fund managers earn more than all kindergarten...

President Obama, the Chief Inequality Fighter of the United States, in a recent address at Georgetown University discussed poverty and brought up yet another...

Apple’s tax strategy is not only legal—it’s moral

The U.S. corporate tax rate is about 40%. Ireland’s is 12.5%. Following a tax minimization strategy and legal transfer pricing practices, Apple claims about...