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...

Outsourcing is moral

When I told my husband that I was going to write a post defending outsourcing, he suggested the title “I love foreign workers.” That...

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....

Business doesn’t need a “social license to operate”

A “social license to operate” has been widely accepted as something that companies need to gain and maintain, particularly in resource-based industries, such as...

How to be profitable and moral in 2019

The title of this post takes its cue from columnists and bloggers who offer advice for the coming year at this time, although a...

Why business makes Christmas better

Millions of people are about to celebrate Christmas, by decorating their homes, setting up Christmas trees and lights, getting together with their families, exchanging...