Beneficiaries vs. “victims” of capitalism?

I recently did an interesting tour of the Carrie Furnaces, a national historic site of a former iron mill near Pittsburgh. Our guide who,...

Fighting climate change undermines freedom of business and human flourishing

“There is no hiding from climate change. It is real and it is everywhere,” stated Prime Minister Justin Trudeau last fall (see the McLean's...

Business is a moral endeavor

When I tell people that I teach business ethics, I am often told that it is an oxymoron because business cannot be moral. That...

Government meddling with markets is costly: Why competition is good and regulation bad

When I travel in Finland (my native country), comparisons of Finland and Canada often come up in conversations. On the first glance, one would...

What is an “unfair” competitive advantage?

Having not read newspapers for the duration of a two-week vacation (the reason for no posts), I eased myself back with the Wall Street...

“Victims” of capitalism?

When the Canadian government recently announced its plan to build a monument to victims of communism, Elizabeth May, the Green Party leader (and the...

What is a ‘rational’ climate policy?

I recently attended a talk about rational climate policy in Calgary, the headquarter city of the Canadian oil industry. The presenters where  economics professor...

Why business (and the rest of us) needs limited government

Many people take government involvement in the economy for granted. They agree that government should determine, among other things: who companies should hire (equal...

Free speech, censorship, and Facebook: Why should you care?

My esteem for Facebook CEO Mark Zuckerberg has just dropped significantly. In a recent Washington Post op-ed, he implores the government to regulate “harmful”...

The paradox of capitalism

Why is capitalism not appreciated? This is the theme of Peter Foster’s new book: Why we bite the invisible hand: The psychology of anti-capitalism....

Kudos to tech companies for opposing Trump’s irrational travel ban

Kudos to tech companies—Apple, Google, Microsoft, Facebook, and others—for opposing president Trump’s 90-day ban on travelers to the United States from the seven Muslim-majority...

Why wealth creation (and private property and property rights) is good for the planet

In my previous post, I was writing about the first UN World Happiness Report and how it pits wealth creation—and wealth—against happiness. I promised...