Beware of “sustainable” finance

The goal of “sustainable” finance is to incorporate environmental, social and governance (ESG) considerations ones into investment decisions, as opposed to focusing on financial...

Kudos to Uber for resisting the gig work law

California introduced another rights-violating, so-called gig work law (AB5) this year. Its intention is to “protect” gig workers by forcing companies contracting with them...

In praise of privatization and private property

A recent Calgary Herald column attacked a think-tank’s proposal to improve the city’s governance through privatization of many municipal services. According to the typical...

The Green Reich is encroaching: Banning ‘Le Black Friday’

The Black Friday following the American Thanksgiving has migrated to Europe, where retailers and consumers have embraced it as the big discount day to...

Will income inequality kill you?

The answer to the title question is of course ‘no.’ However, some public health crusaders make such an assertion. A recent study claims that...

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,...

We should want more billionaires: Why inequality does not matter

The two big political and social questions that dominate the discourse today are climate change and economic inequality. Except, there is not much discourse,...

No more altruism! Rejecting the ethics of self-sacrifice

The first part of this post’s title is a quotation from a student in my business ethics class. She had said that to her...

Capitalism: The pro-human social system

Capitalism is the favorite whipping boy of the leftists (such as the Democratic presidential candidates Elizabeth Warren and Bernie Sanders). It gets blamed for...

Peace, love, energy

The Canadian Energy Executives’ Association (CEEA) had its annual business conference recently in Banff, Alberta. The members are mostly oil and gas executives, or...

Does pursuit of profit cause war?

I recently visited the new premises of my alma mater, Aalto University Business School, in Espoo, Finland. There I picked up an issue of...

How to end poverty

In a recent National Post column, Andrew Coyne reported on a newly released statistic: Canada’s poverty rate had almost halved in 15 years since...