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...

Business is moral!

Business is in a dire need of moral defense. I have written posts defending the oil sands producers and outsourcing by banks, but those...

Supermarkets—our enemies?

“Every time we step through its doors we enter into a battle with our enemy, the supermarket corporation, whose motives are totally opposed to...

Who do you trust more: business or government?

An undergraduate business student recently told me: “People of my generation trust government more than they trust business, particularly large corporations.” While I wasn’t...

What’s wrong with Amazon jumping on the minimum wage bandwagon?

Amazon recently announced that it will raise the hourly wage it pays to a minimum of $15, to the cheering of its workers. CEO...