Why business (and the rest of us) needs limited government

Many people take government involvement in the economy for granted. They agree that government should, among other things, determine who business should hire (equal...

Robbing the rich in order to give to the poor: immoral and impractical

Last week the mayor of a Spanish town in Andalusia was orchestrating raids to local supermarkets for the purpose of stealing food to feed...

Is buying for others the secret to consistent happiness?

The theme of money and happiness keeps coming up; I wrote about it last in April when the UN World Happiness Report came out....

Which is more important: Creating wealth or “giving back”?

Last week I attended an awards gala called “Rising Stars.” It was organized by Canada’s Oilweek magazine to recognize up-and-coming leaders in the oil...

JP Morgan loses $2 billion: Why the government should not intervene

When JP Morgan Chase & Co. announced a two billion dollar loss in its main investment office earlier this month, there were increased calls...

Doing business with dictatorships?

Canada’s largest engineering firm, SNC-Lavalin lost $1.5 billion (about 20%) of its market cap last Tuesday, due to $35 million in “improperly booked expenses”...