By rejecting unfounded accusations and standing by its products and their marketing, Trader Joe’s (and indirectly, its customers) displayed all of them—and therefore has earned the designation as a corporate hero.
A Crucial Choice for Business: Conform to Social Pressure or Defend Freedom?
Business—and the rest of us—cannot afford to conform to social pressure but must find the courage to speak up and defend freedom.
The Creep of Authoritarianism
Why are the governments dictating when and how the economy can re-open?
COVID-19 Pandemic Wake-Up Call: Business Needs a Moral Defense
The COVID-19 pandemic may help by bringing a clearer understanding why business needs a moral defense from its leaders and that such defense must be based on the principle of individual rights.
United States Needs Freedom, Not Fascism
America does not need the command-and-control planning authorized under the Defense Production Act to deal with the COVID-19 pandemic. Instead, it needs greater deregulation to free the entrepreneurial discovery process. In short, the United States needs more economic freedom, not fascism.
Unwealthy is Unhealthy, So Why Mandate It?
To the extent capitalism fosters the creation of wealth – a truth denied today only by the hopelessly biased – it also fosters the creation of health.
“Shareholder Capitalism” vs. “Inclusive Capitalism”: A False Alternative
Freeman depicts capitalism as a system where businesses focus on maximizing short-term stock price.
Is Capitalism Dead?
On CEOs celebrating the “death” of capitalism.
Sustainable finance as imposed through government regulation harms human flourishing by violating the investors’ freedom to choose.
“I don’t think that billionaires should exist,” Sanders explained. The crusade’s rallying cry: “Abolish billionaires.” To that end, Warren and Sanders have each proposed special taxes on the ultra-rich.
Morality of Free Markets
If millennials and others want to wage war against government favors and crony capitalism, I’m with them 100%. But I’m all too afraid that anti-capitalists just want their share of the government loot.
Business Ethics and The Morality of the Free Market
The ethics of private enterprise and the morality of the market require both a preaching and a practicing of a respect for others’ individual rights to their property and to the rule of voluntary agreement in all transactions, even when market outcomes are not always favorable to oneself.
Andrew Carnegie: An Intellectual Capitalist
Wealthy capitalist Andrew Carnegie (1835-1919) was an indefatigable steel tycoon—and he was also intellectual.
“Hostile” Takeovers Aren’t Actually Hostile
A “hostile” corporate raider can only buy shares that others voluntarily sell.
The Virtue of Production
Business, the activity of producing and trading goods and services, demands a great deal of moral virtue, and businesspeople are not lowly materialists but moral creators.
Bernie Sanders vs Walmart: The Wealth of the Wealthy
Bernie wants us to fear billionaires. Actually, the billionaires work for us — for the great mass of average people. They want to acquire money from us. Unlike the government, they cannot simply come and seize our money.
Elder vs. Instagram: Innocent Mistake or Viewpoint Discrimination? Part II
“We’ve decided to offer a competing platform where no voices will be unfairly targeted.”
Obama’s New Documentary American Factory
American Factory is at its core a damning snapshot of American labor entitlement.
Facebook, Instagram and Discrimination Against Conservative Viewpoints
My radio colleague Dennis Prager heads a nonprofit, tax-exempt charitable organization called Prager University. It shares five-minute educational videos from a conservative perspective. There have been over 2 billion views. No sex. No profanity. No chase scenes. But...
Is Google Too Big and Powerful?
Instead of worrying about Google’s influence, we should oppose a real threat: government’s initiation of force, through measures such as carbon taxes or dictating how Google should operate.
The Practical Value of Ethics in Business
If you are a student of business, in any stage of your career, I encourage you learn about rational egoism—if success in business is your goal.
The Myth of Profit Making as Exploitation
Pursuing self-interest in business is not exploitative, because it can only be based on voluntary trade.
Rational Selfishness and the Great Wealth Creator
People are most often confused by executives who seem to share attributes of both the inflated and the genuine egoist
No Need To Cut Down Amazon, Apple, Google and Facebook To Size
It is not Amazon, Google, Apple, Facebook, and others that need to be “cut down to size,” as they cannot coerce us to buy their products and use their services.