How business improves lives

I have just returned from the world’s biggest gathering of business school academics who study management and organizations, the annual meeting of the Academy...

Persistent egoism: Why pursue self-interest?

Many people balk at the idea of ‘persistent egoism’ that I addressed in a recent post. They do so because they have absorbed the...

Why Bayer’s takeover of Monsanto will NOT diminish innovation, increase prices, and destroy...

The German chemicals multinational Bayer has finally completed its takeover of the U.S.-based Monsanto, after nearly a two-year process of obtaining regulatory approval in...

We need more selfishness, not less

Contrary to conventional wisdom, selfishness is a virtue--and we need more of it. For most people being called selfish is an accusation, not praise....

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...

Banks to stop financing fossil fuel development: Sound investment decisions vs. virtue signaling?

HSBC is the latest European bank (and Europe’s largest) to join the fight against climate change, announcing recently that it will no longer finance...

Teamwork vs. independent thinking?

If we are to believe people like President Obama who famously said: “You didn’t build that”, we would conclude individual accomplishment is insignificant; only...

“Under capitalism, who would regulate us?”

"Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned.” –Ayn Rand To...

Why isn’t there more rational selfishness?

I am teaching business ethics to a class of MBA students. The course covers the main alternative moral codes: altruism—the most widely adopted code...

Why be moral? Your life depends on it!

To say that many people are confused about morality is an understatement. Yet, our lives depend on getting morality right. As an example of...

Why Amazon should choose the United States over Canada

Amazon has released the eagerly awaited shortlist of 20 cities for its second headquarters. Only one contender of the several Canadian cities—Toronto—remains. And when...

Why is there racism in business?

A recent trip to the Southern United States made me aware of a sad truth: racism is live and well, decades after racial segregation...