Business doesn’t need a “social license to operate”

A “social license to operate” has been widely accepted as something that companies need to gain and maintain, particularly in resource-based industries, such as...

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...

What I learned from my business ethics students: The appeal of altruism

I taught two business ethics courses this fall: one to undergraduate business students, and the other to an Executive MBA class. It was a...

Defending Google

In a free society, success would bring cheers, admiration, and attempts to emulate or surpass achievements. In today’s statist mixed economies, including the United...

Altruism means self-sacrifice, not benevolence

Despite the positive connotations of benevolence and kindness that most people hold for altruism, that is not what this moral code means. The Encyclopedia...

Corporate leaders: seekers of climate change salvation?

Bank of England Governor Mark Carney has predicted that climate change will lead to a financial catastrophe—unless corporate leaders start taking the risks of...

Capitalism does not breed “tyrannical” bosses

Last week I discussed whether we should boycott Amazon, prompted by the recent New York Times article alleging cruel treatment of employees at the...

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...

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...

Who is afraid of individual rights?

I recently attended a conference on conservative ideas to learn more about them. My biggest takeaway: while conservatives agree with Objectivism (the philosophy to...

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...

Does government suspending Costco’s fish import license make us safer?

Full disclosure: I am a Costco fan, and I particularly like buying wild-caught fish there because it is always fresh and a good value....