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...

We should want more billionaires: Why inequality does not matter

The two big political and social questions that dominate the discourse today are climate change and economic inequality. Except, there is not much discourse,...

No more altruism! Rejecting the ethics of self-sacrifice

The first part of this post’s title is a quotation from a student in my business ethics class. She had said that to her...

Capitalism: The pro-human social system

Capitalism is the favorite whipping boy of the leftists (such as the Democratic presidential candidates Elizabeth Warren and Bernie Sanders). It gets blamed for...

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...

The crucial need for rational ethics in business

I recently reviewed student comments on the business ethics course I taught this year. They were overwhelmingly positive, which of course is heart-warming to...

Does pursuit of profit cause war?

I recently visited the new premises of my alma mater, Aalto University Business School, in Espoo, Finland. There I picked up an issue of...

Art, business, and first-handed productiveness

I recently heard a panel discussion by some accomplished professional artists about a variety of topics, which ranged from the motivation to paint to...

How to end poverty

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

Moral = practical

Recently I heard a colleague tell someone: “Everyone—except the naïve idealists—knows that one cannot be 100% moral in business; success in business requires compromising...

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...

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...