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 determine, among other things: who companies should hire (equal...

Collectivism kills business

As a defender of business, whenever I read or hear collectivist claims that the Western ideal of individualism “harms society,” I cringe. Typically, the...

Outsourcing is moral

When I told my husband that I was going to write a post defending outsourcing, he suggested the title “I love foreign workers.” That...

Profit maximization as moral purpose: Channeling Milton Friedman

To many, profit maximization seems cold, heartless, even exploitative. They consider business immoral and the profit-seeking corporate model to be in need of reform....

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...

How to be profitable and moral in 2019

The title of this post takes its cue from columnists and bloggers who offer advice for the coming year at this time, although a...

Why business makes Christmas better

Millions of people are about to celebrate Christmas, by decorating their homes, setting up Christmas trees and lights, getting together with their families, exchanging...

Business is moral!

Business is in a dire need of moral defense. I have written posts defending the oil sands producers and outsourcing by banks, but those...

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...

What is business ethics for?

A new semester, and a new class of business ethics, has begun. In my class, we initially discuss concrete examples of ethical dilemmas in...

Why business requires moral clarity and courage

Why would a practical endeavor such as business—creating wealth through production and trade of goods and services—require moral clarity and courage, you may ask....

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...