Why wealth creation (and private property and property rights) is good for the planet

In my previous post, I was writing about the first UN World Happiness Report and how it pits wealth creation—and wealth—against happiness. I promised...

Businesses make the world a better place

Hollywood has a long history of businessman movie villains, from Mr. Potter in ‘It’s a wonderful world’ to ‘Wall Street’s’ Gordon Gekko and Lord...

Why business and force don’t mix

My recent post on the Pope’s misguided accusation of business for exploiting workers has received some reactions that indicate a misunderstanding of the role...

Focus on progress: We live in the best of times

While often criticizing government for curtailing our freedom instead of protecting it and businesspeople (or others) for failing to act ethically, I want to...

Reason to cheer: The top 25 hedge fund managers earn more than all kindergarten...

President Obama, the Chief Inequality Fighter of the United States, in a recent address at Georgetown University discussed poverty and brought up yet another...

Is “green” oil good for us?

The carbon reduction craze has been now embraced by the Canadian oil sands producers as the unavoidable necessity to “clean up” their product to...

Why business makes Christmas better

Millions of people have just celebrated Christmas, by decorating their homes, setting up Christmas trees and lights, getting together with their families, exchanging gifts...

Teamwork vs. independent thinking?

If we are to believe people like President Obama who famously said: “You didn’t build that”, we would conclude individual accomplishment is insignificant; only...

Why Donald Trump is wrong about free trade

The American people have now voted Donald Trump for their president-elect on a promise that he will make America prosperous—by restricting trade and making...

What I learned from my business ethics students: The appeal of altruism

I taught two business ethics courses this fall: one to undergraduate business students, and the other to an Executive MBA class. It was a...

What counts as progress and what makes it possible?

At the end of the year, the media is teeming with reviews of the past 12 months. With their focus on the positive, compilations...

The Pope is wrong: Employment is not exploitation

Recently, during a mass at the Vatican, Pope Francis condemned wealthy employers for paying their workers low wages and accused them of “exploitation”. (Thank...