The Ethics of Legalizing Recreational Drugs

The Ethics of Legalizing Recreational Drugs

As a non-user—and a free market advocate—I hadn’t paid much attention to Canada’s plan to legalize recreational marijuana. But now Bill C-45, which legalizes the use, sale, and production of cannabis, received the royal assent at the Canadian Parliament this week,...
Who should you hire—and how to get hired?

Who should you hire—and how to get hired?

At a recent Objectivist conference (OCON), Lars Christensen, a co-founder of the Danish investment bank Saxo Bank, gave a presentation about the influence of Ayn Rand’s philosophy on his life and business success. He was asked what he looks for when hiring people—one...
The Bayer Monsanto Merger

The Bayer Monsanto Merger

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 various jurisdictions. You can read the story here. The critics of capitalism have expressed...
Lying: What Do You Gain?

Lying: What Do You Gain?

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 a colleague prompted me to address lying again. About to start teaching a class, he claimed offhand: “Everyone lies every day.” Since...