I recently overheard on the radio someone claim, discussing business ethics : “But of course, acting morally will cost you.” …
What selfishness requires: lessons from Volkswagen
To say that there is a lot of confusion about selfishness is an understatement. Last week I wrote about Volkswagen’s …
How to avoid bad decisions in business
Bad decisions happen. Resources are invested in new products that flop. Wrong people—underperformers—get hired and promoted. Mergers end up diluting …
What motivates haters of capitalism?
The intellectual leaders of the Canadian Left, such as Naomi Klein and David Suzuki, and their celebrity fellow travelers, including …
Happiness of work
I live in Canada’s biggest oil producing province, Alberta, where the economic outlook is gloomy as the oil prices are …
The causes of the Greek economic tragedy—and the cure
New headlines and news stories about Greece’s looming economic collapse appear daily. This weekend, the National Post has a series …
“Inclusive capitalism” is not capitalism
Returning from a trip to Europe (the excuse for no posts recently), I read a column in the Wall Street …
Pragmatism: A perilous approach to business
If you think that the best approach to business is to be pragmatic, think again. Pragmatism is widely considered a …
Value of integrity–and some (reverse) lessons from politics
Integrity is being trumped by pragmatism, both in business and in politics. Yet, being rationally principled—having integrity—is a crucial requirement …