Government price controls kill people

Last month, 23-year-old Chantelle Lindsay died of cystic fibrosis because she could not access a new drug that is available in the United States...

 “Shareholder capitalism” and “inclusive capitalism” versus capitalism

In my previous post, I discussed some corporate leaders’ claims that capitalism is dead and their embrace of a “new” corporate purpose: serving all...

Is capitalism dead? Why should you care?

Capitalism has been under attack ever since the Industrial Revolution, which, backed with the Enlightenment ideas of freedom and individual rights, made unprecedented wealth...

Beware of “sustainable” finance

The goal of “sustainable” finance is to incorporate environmental, social and governance (ESG) considerations ones into investment decisions, as opposed to focusing on financial...

More reason and freedom in 2020

Reason and freedom are the fundamental requirements of long-term success in business and of human flourishing; our ability to thrive rests on them both....

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...