Collectivism kills business

As a defender of business, whenever I read or hear collectivist claims that the Western ideal of individualism “harms society,” I cringe. Typically, the...

Capitalism versus the climate?

If you think congresswoman Alexandria Ocasio-Cortez (AOC) is proposing new ideas in her Green New Deal, go and read Naomi Klein’s 2014 book, This...

Profit maximization as moral purpose: Channeling Milton Friedman

To many, profit maximization seems cold, heartless, even exploitative. They consider business immoral and the profit-seeking corporate model to be in need of reform....

“Victims” of capitalism?

When the Canadian government recently announced its plan to build a monument to victims of communism, Elizabeth May, the Green Party leader (and the...

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...

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...

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...

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...

Profit maximization is moral!

In the last class of my MBA business ethics course, a student commented that while he agreed that businesses must pursue profits to survive,...

Another fallacy about capitalism: Coercive monopolies

I recently attended a talk about innovation by a well-known former CEO of a successful Canadian company. His remarks were mostly sensible at first:...

Anti-development is anti-life

Canada’s Financial Post (FP) is running a week-long series entitled “Arrested Development” which investigates how “Canada has turned into a can’t-do nation as surging...

Profit motive and private property—keys to preventing forest fire damage

A large forest fire—covering an area of about 160,000 hectares, according to the latest reports—has been ravaging the city of Fort McMurray, the center...