Why every business student needs to learn about rational ethics

We all need ethics, a set of moral principles, to guide our choices and actions. Since we have no automatic knowledge of the right...

What’s driving Amazon’s critics?

Shoppers love Amazon. And why wouldn’t we: fast, often free, home delivery of a wide variety of goods, at great prices and easy returns...

Altruism is not a guide for living—or for business

Most of us pursue self-interest every day: we eat nutritious food, engage in productive work (to have a purpose and to make a living),...

Three confusions in business ethics: selfishness, altruism and personal values

There seems to be three issues central to business ethics about which most people are confused: selfishness, altruism, and personal values. These are serious...

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...

Demands for climate-change compensation from oil companies are immoral

The dominant narrative promoted by environmental activist groups—spread by the mainstream media—is that human activity is causing catastrophic climate change through CO2 emissions that...

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....

Why businesspeople need moral principles

I recently received feedback from the students in my MBA business ethics course earlier this year. While a number of them were enthusiastic in...

Virtuous egoism

You have heard this before: you are either good, or you are selfish. For the majority of people, virtuous egoism is an oxymoron: they...

“As soon as two businessmen get together, they start discussing how to fix prices”

This is what I heard a leftist public radio talk show host say on Sunday morning. My ears naturally perked up upon hearing something...

Businesses make the world a better place

Hollywood has a long history of businessman movie villains, from Mr. Potter in ‘It’s a wonderful world’ to ‘Wall Street’s’ Gordon Gekko and Lord...

Why business people should be honest

In my years of teaching ethics to business students, I must have heard it all when it comes to justifying deception and lying in...