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...

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...

A Liberal government in Canada: prospects for freedom and prosperity?

Last week’s landslide victory of the left-of-center Liberal Party in the Canadian parliamentary elections after almost 10 years of Conservative government prompted me to...

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...

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...

The Occupiers Claim: Working for A Living is Slavery

Occupy Chicago was advertising its May Day demonstration last week with a poster that said: “If you have to work to live, is it...

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...

Will income inequality kill you?

The answer to the title question is ‘no,’ of course. However, some public health crusaders, carrying the torch of the Occupy movement, make such...

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...

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...

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...

Investment bankers’ contribution

I recently spoke with a retired investment banker who was disillusioned with his past profession. He said that he had seen so much what...