Why isn’t there more rational selfishness?

I am teaching business ethics to a class of MBA students. The course covers the main alternative moral codes: altruism—the most widely adopted code...

Key to effective management: Objectivity

Management is commonly defined as the process of accomplishing common goals by working through or with people. According to Chester Barnard, American businessman and...

Are you a “people-pleaser”?

A graduate student once told me that he was feeling anxious about disagreeing with his supervisor about the direction of his thesis work, because,...

Who should you hire—and how to get hired?

At a recent Objectivist conference (OCON), Lars Christensen, a co-founder of the Danish investment bank Saxo Bank, gave a presentation about the influence of...

Why do we fear capitalism?

My MBA students have been discussing alternative social systems as context of business in my business ethics class. While most see the value of...

Pragmatism: A perilous approach to business

If you think that the best approach to business is to be pragmatic, think again. Pragmatism is widely considered a virtue in business, but...

“Settled science” vs. independent thinking

It’s the convocation season at universities, which means convocation addresses by those who receive honorary degrees. As a university professor, I have heard many...

Value of freedom

In an alarming article in the Financial Post, Geoffrey Morgan reports how North American cities are increasingly taking measures to fight climate change—public transit...

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...

Moral virtues of business success: Lessons from Madoff

Earlier this year, the infamous pyramid investment king Bernie Madoff was testifying in court, in conjunction with a lawsuit that seeks to get his...

Teamwork vs. independent thinking?

If we are to believe people like President Obama who famously said: “You didn’t build that”, we would conclude individual accomplishment is insignificant; only...

Snake oil business and its appeal

Why do people fall for ‘snake oil’ products, those claimed to provide miracle cures and quick fixes for various problems, perceived and real: excess...