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...

Persistent egoism: Why pursue self-interest?

Many people balk at the idea of ‘persistent egoism’ that I addressed in a recent post. They do so because they have absorbed the...

Why Jeff Bezos should say no to the Billionaires’ Pledge

Jeff Bezos, the founder and CEO of Amazon, recently became the richest person in the history of the world, as his net worth climbed...

What do you gain by lying?

The short answer to the question is: nothing—and besides, you will lose a lot. I have written about honesty before, but a comment from...

Why Bayer’s takeover of Monsanto will NOT diminish innovation, increase prices, and destroy...

The German chemicals multinational Bayer has finally completed its takeover of the U.S.-based Monsanto, after nearly a two-year process of obtaining regulatory approval in...

Government fails at its job: Nationalization of Trans Mountain pipeline

The Canadian (yes, Canadian, not Venezuelan …) government has just nationalized the yet-to-be-completed Trans Mountain oil pipeline expansion (TMX) by buying its assets from...

Banks to stop financing fossil fuel development: Sound investment decisions vs. virtue signaling?

HSBC is the latest European bank (and Europe’s largest) to join the fight against climate change, announcing recently that it will no longer finance...

Time to dismiss the nanny: How an over-zealous government hurts us

Time to dismiss the nanny: How an over-zealous government hurts us The Canadian government makes an excellent example of an over-zealous nanny that perceives itself...

Wealth creation is good for the planet

From a leftist perspective, wealth creation undermines people’s happiness (just check the United Nations’ Happiness Report)—and damages the environment through industrial development, pollution, and...