In Praise of Supermarkets (and Capitalism)

In Praise of Supermarkets (and Capitalism)

“Every time we step through its doors we enter into a battle with our enemy, the supermarket corporation, whose motives are totally opposed to our own. While we hope to do our shopping quickly and efficiently, buying just [what is on our list], the supermarket owners...
The Importance of Business Ethics

The Importance of Business Ethics

A new semester, and a new class of business ethics, has begun. In my class, we initially discuss concrete examples of ethical dilemmas in business before delving into the main moral codes and the values and principles they comprise, to learn how they provide guidance...
Business Requires Moral Clarity

Business Requires Moral Clarity

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. I argue that moral clarity and courage are necessary for business to achieve sustained long-term...
Business Improves Lives

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 of Management in Chicago. (Before you yawn and stop reading, I encourage continuing, as this post really is...
The Gates-Buffet “Giving Pledge” is Immoral

The Gates-Buffet “Giving Pledge” is Immoral

Jeff Bezos, the founder and CEO of Amazon, recently became the richest person in the history of the world, as his net worth climbed to $150 billion, thanks to the jump in Amazon’s share price. Amazon’s stock has been on a steep upward trend: Bezos’ wealth increased by...
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...
Canada Nationalizes The Trans Mountain Oil Pipeline Expansion

Canada Nationalizes The Trans Mountain Oil Pipeline Expansion

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 Houston-based Kinder Morgan Inc. The company had worn out after six years of continual delays...
Rational Selfishness and the Great Wealth Creator

Rational Selfishness and the Great Wealth Creator

True egoists are not narcissists; they are not preoccupied with grandiose fantasies or obsessed with being the center of attention and getting constant approval. They are not concerned with self-inflation because they are secure within themselves and confident of...

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