To the delight of everyone who cares about freedom and human well-being, Exxon did not surrender to Healey’s irrational demand. Instead, it sued AG Healey in a Texas court last week, for violating its constitutional right for free speech
Business is for producing and trading material values, driven by the profit motive.
While it is too late to prevent the damage in Fort McMurray now, the solution to minimizing losses from fires in the future is to sell the government forests and let private owners manage them for long-term profitability—by protecting their own property and respecting the property rights of others (through good property management to reduce the fire hazard).
Individual rights include the freedom to use whichever sources of energy people and businesses want, as long as they don’t violate others’ rights.
In my years of teaching ethics to business students, I must have heard it all when it comes to justifying deception and lying in business.
Those who think that government collecting taxes from those who are productive to give them to those who are not is just, do so because they have accepted the morality of altruism and egalitarianism and believe that statism is the ideal social system.
Whether you believe that acting morally costs or pays depends on your view of morality.
There are just two fundamental requirements of innovation—neither of which requires taxation: reason and freedom.