Value of competition

The markets are not free in most of the world which means that competition is curtailed. In Canada, the federal government has targeted some...

Why business requires moral clarity and courage

Why would a practical endeavor such as business—creating wealth through production and trade of goods and services—require moral clarity and courage, you may ask....

Abolish “supply management”!

One of the sticking points in the trade agreement (NAFTA) negotiations between the United States, Canada and Mexico is the decades old Canadian chicken...

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 Bayer’s takeover of Monsanto will NOT diminish innovation, increase prices, and destroy...

The German chemicals multinational Bayer has finally completed its takeover of the U.S.-based Monsanto, after nearly a two-year process of obtaining regulatory approval in...

Time to dismiss the nanny: How an over-zealous government hurts us

Time to dismiss the nanny: How an over-zealous government hurts us The Canadian government makes an excellent example of an over-zealous nanny that perceives itself...

Leave Amazon alone!

Typically, I don’t write about current politics—there are enough commentators doing so already—but I am making an exception on president Trump’s attack on Amazon....

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 counts as progress and what makes it possible?

At the end of the year, the media is teeming with reviews of the past 12 months. With their focus on the positive, compilations...

When government is anti-business—and what to do about it

Most governments want to have their cake and eat it, too. Canada’s Liberal government is a good example. In a hunt for more tax...

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...

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,...