The power of entrepreneurship: Report from Vietnam

What can we learn about entrepreneurship from the Socialist Republic of Vietnam, a communist dictatorship, you may wonder. Had you asked me just a...

Why business and force don’t mix

My recent post on the Pope’s misguided accusation of business for exploiting workers has received some reactions that indicate a misunderstanding of the role...

The paradox of capitalism

Why is capitalism not appreciated? This is the theme of Peter Foster’s new book: Why we bite the invisible hand: The psychology of anti-capitalism....

Happiness of work

I live in Canada’s biggest oil producing province, Alberta, where the economic outlook is gloomy as the oil prices are not expected to recover...

Value of competition

The markets are not free in most of the world which means that competition is curtailed. In Canada, the federal government has targeted some...

Why avoiding taxes is moral

The recent leak of the Panama Papers—which consist of confidential banking documents that report names of thousands of offshore corporations and their shareholders—created a...

What does it take to innovate?

I recently attended an international conference focused on innovation, which is commonly defined as a new, and better, idea, product or process—better by the...

By banning Airbnb and Uber, government violates our rights

Have you tried Airbnb to find a place to stay during your summer travels, or used Uber to find a ride? Whether you have...

Crying for Argentina

My husband and I recently returned from a two-week trip to Argentina, a beautiful, geographically diverse country well worth visiting. But the trip was...

Government “free” trade deals don’t promote freedom

So called “free” trade deals between governments are immoral—because they destroy companies’ freedom to trade freely with whomever they see fit. As Lawrence Solomon...

Why business should care about free speech

I am reading a freshly published book, Defending Free Speech, a collection of essays edited by Steve Simpson and published by the Ayn Rand...

How capitalism helps everyone flourish

In my business ethics course we always discuss the social context of business, particularly the implications of different social systems: the prevailing mixed economy,...