Abolish minimum wages

Most countries have some kind of minimum wage laws. They are intended to protect unskilled or inexperienced workers against “exploitation” by employers who, in...

Upselling by banks: Why more regulation is not the solution

Canadian Broadcasting Corporation (CBC), Canada’s tax-payer funded radio- and television broadcaster, is calling for tighter regulation of banks—true to its leftist, anti-business leanings. This...

Does acting morally cost you?

I recently overheard on the radio  someone claim, discussing business ethics : “But of course, acting morally will cost you.” It gave me a...

Capitalism does not breed “tyrannical” bosses

Last week I discussed whether we should boycott Amazon, prompted by the recent New York Times article alleging cruel treatment of employees at the...

Exploitation vs. trade

A well-educated, intelligent acquaintance was telling me how the quality of care at a privatized, formerly government-run hospital had immediately declined after its privatization....

What does it take to “make America great again”?

In his inauguration speech, President Trump promised, as expected, to “make America great again”—but he was short on the principles and details as to...

Objecting to the 'season of giving' by Peter Schwartz

Peter Schwartz has written an excellent, timely op-ed article in the Washington Post, with which  I wholeheartedly agree. Please see it here.

Moral virtues of business success: Lessons from Madoff

Earlier this year, the infamous pyramid investment king Bernie Madoff was testifying in court, in conjunction with a lawsuit that seeks to get his...

Tips for being a better boss—from philosophy

I get anonymous feedback from students on my business ethics course, most of it  appreciative for getting the tools for being a better manager:...

Why you can’t “rip off your clients” and maximize profits at the same time

Last week, an apparently disgruntled Goldman Sachs executive, Greg Smith, had his resignation letter published in the New York Times (http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-goldman-sachs.html?_r=2&hp). In the letter,...

Not “giving” or “taking” but trading

The New York Times recently attempted to tantalize readers with a headline: “Is Giving The Secret of Getting Ahead?”. The article featured Adam Grant,...

Leave Amazon alone!

Typically, I don’t write about current politics—there are enough commentators doing so already—but I am making an exception on president Trump’s attack on Amazon....