Government price controls kill people

Last month, 23-year-old Chantelle Lindsay died of cystic fibrosis because she could not access a new drug that is available in the United States...

The ballooning regulatory state and the moral sanction by business

All taxpayers are suffering under the increasing regulatory and tax burden, as governments in many countries are trying to cope with sagging economies (that...

 “Shareholder capitalism” and “inclusive capitalism” versus capitalism

In my previous post, I discussed some corporate leaders’ claims that capitalism is dead and their embrace of a “new” corporate purpose: serving all...

Is capitalism dead? Why should you care?

Capitalism has been under attack ever since the Industrial Revolution, which, backed with the Enlightenment ideas of freedom and individual rights, made unprecedented wealth...

In praise of privatization and private property

A recent Calgary Herald column attacked a think-tank’s proposal to improve the city’s governance through privatization of many municipal services. According to the typical...

How capitalism helps everyone flourish

In my business ethics course we always discuss the social context of business, particularly the implications of different social systems: the prevailing mixed economy,...

Peace, love, energy

The Canadian Energy Executives’ Association (CEEA) had its annual business conference recently in Banff, Alberta. The members are mostly oil and gas executives, or...

Corporate welfare is immoral

In its recently released budget, the Canadian government announced $6.4 billion of new corporate welfare spending. The aerospace sector will receive $1.2 billion of...

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”...

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...

Is Amazon “fleecing the taxpayers”?

In a recent Financial Post column, Lawrence Solomon accused Amazon for “fleecing the taxpayers” through its lobbying for tax breaks and other corporate welfare...

Who do you trust more: business or government?

An undergraduate business student recently told me: “People of my generation trust government more than they trust business, particularly large corporations.” While I wasn’t...