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...
Hands Off Amazon.com and Sell Off the Post Office

Hands Off Amazon.com and Sell Off the Post Office

Typically, I don’t write about current politics—there are enough commentators doing so already—but I am making an exception on president Trump’s attack on Amazon. As reported by BBC News, he has claimed that the United States Postal Service is losing money on Amazon...
Larry Fink vs. T.J. Rodgers: The Moral Purpose of Business

Larry Fink vs. T.J. Rodgers: The Moral Purpose of Business

Larry Fink, CEO of one of the largest investment management firms in the world, BlackRock, has sent a letter to all S&P 500 CEOs, urging them to pursue not just profits but a social purpose as well. In other words, he is asking his fellow CEOs to pursue “Corporate...
Amazon should keep its second headquarters away from Canada

Amazon should keep its second headquarters away from Canada

Amazon has released the eagerly awaited shortlist of 20 cities for its second headquarters. Only one contender of the several Canadian cities—Toronto—remains. And when Amazon announces its choice later this year, it will be one of the American cities—as it should be....
Reject CEO Pay Caps and Minimum Wages

Reject CEO Pay Caps and Minimum Wages

CEO pay caps and minimum wages are immoral because both curtail individual freedom by government force—yet, freedom is the fundamental requirement of human flourishing and prosperity.   The annual CEO compensation bashing typically takes place in early January,...
Wealth Creation is Not a Zero Sum Game

Wealth Creation is Not a Zero Sum Game

On my recent visit to Southern California, I read an op-ed in the LA Times by Chuck Collins and Josh Hoxie, the authors of Billionaire Bonanza: The Forbes 400 and the Rest of Us. (They also co-edit the website Inequality.org). The op-ed was entitled: “Jeff Bezos, Bill...

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