Government fails at its job: Nationalization of Trans Mountain pipeline

The Canadian (yes, Canadian, not Venezuelan …) government has just nationalized the yet-to-be-completed Trans Mountain oil pipeline expansion (TMX) by buying its assets from...

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...

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...

Why Amazon should choose the United States over Canada

Amazon has released the eagerly awaited shortlist of 20 cities for its second headquarters. Only one contender of the several Canadian cities—Toronto—remains. And when...

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...

Wealth concentration is not a moral disgrace

On my recent visit to Southern California, I read an op-ed in the LA Times by Chuck Collins and Josh Hoxie, the authors of...

Business leaders’ appeasement on climate change: What can they do?

President Trump withdrew the United States from the 2015 Paris climate accord, receiving prompt condemnation from environmentalists, media, heads of other governments—and business leaders....

Government “free” trade deals don’t promote freedom

So called “free” trade deals between governments are immoral—because they destroy companies’ freedom to trade freely with whomever they see fit. As Lawrence Solomon...

The oil and gas unemployment crisis and how to fix it

According to estimates, there are 100,000 unemployed oil and gas workers in Alberta, most of them highly trained professionals in my home town Calgary....

Apple’s tax strategy is not only legal—it’s moral

The U.S. corporate tax rate is about 40%. Ireland’s is 12.5%. Following a tax minimization strategy and legal transfer pricing practices, Apple claims about...

Government, business, and human flourishing

In a recent conversation about the U.S. presidential election, a well-educated, high-earning professional told me that he had been rooting for Bernie Sanders for...

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...