How business improves lives

I have just returned from the world’s biggest gathering of business school academics who study management and organizations, the annual meeting of the Academy...

Let’s reject CEO pay caps and minimum wages

The annual CEO compensation bashing typically takes place in early January, when media reports inform us about the increased levels of CEO compensation, in...

How to end poverty

In a recent column  Andrew Coyne reported on a newly released statistic: Canada’s poverty rate had almost halved in 15 years since 1996, suggesting...

Eating quinoa: Capitalist exploitation?

The newly rediscovered, nutritious “miracle grain” quinoa, eaten increasingly by health-conscious consumers in the developed countries, is making the rich richer and the poor...

Why Donald Trump is wrong about free trade

The American people have now voted Donald Trump for their president-elect on a promise that he will make America prosperous—by restricting trade and making...

Wealth creation is good for the planet

From a leftist perspective, wealth creation undermines people’s happiness (just check the United Nations’ Happiness Report)—and damages the environment through industrial development, pollution, and...

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...

Bono versus Bill Gates: A capitalist or a statist route to end poverty?

“Aid is just a stop-gap. Commerce—entrepreneurial capitalism—takes more people out of poverty than aid.” You might be surprised that this statement was made by...

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...

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...

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...

Will income inequality kill you?

The answer to the title question is ‘no,’ of course. However, some public health crusaders, carrying the torch of the Occupy movement, make such...