How to help workers flourish?

Labor Day celebrates labor unions as the protectors of workers against exploitation by “greedy” capitalists—corporations that allegedly would lock up workers in inhumane conditions...

Productive work and happiness

Pause for a second and think what makes you happiest. Good health? A satisfying romantic relationship? Your children thriving? Spending time with friends and...

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...

The moral case against universal basic income

Finland, my native country, has decided to end its experiment with universal basic income. This is good news. At the beginning of last year, 2,000...

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...

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...

Why finance is moral

I have just finished reading recently published In pursuit of wealth: The moral case for finance, edited by Yaron Brook and Don Watkins. It...

Productive work and happiness

Pause for a second and think what makes you happiest. Good health? A satisfying romantic relationship? Your children thriving? Spending time with friends and...

Why every job is a thinking job

A friend who used to work as a general contractor regularly placed the following job ad: “Thinking carpenters wanted.” I recalled that when talking to...

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...

Why do we fear capitalism?

My MBA students have been discussing alternative social systems as context of business in my business ethics class. While most see the value of...

How to maximize long-term profits: The reality principle

A recent Financial Post column relates a real-life counter example of how not to maximize long-term profits, which I think is worth analyzing. To...