The best way to spur ethical conduct by banks—trading value for value with their customers—is to deregulate banking.
Only by recognizing the moral value of its work, can business stand up and defend itself like Resolute Forest Products has done.
The only thing governments can do to facilitate innovation is to stay away from markets and allow companies compete and trade freely.
Governments’ use of force to curtail CO2 emissions is not only futile—it undermines freedom of business and of the rest of us, and therefore, human prosperity and flourishing.
It is one thing for Bill Gates to advocate the evil idea of sacrificing producers and all the rest of us who benefit from the products and wealth they create. For politicians like prime minister Trudeau, who have the power to actually sacrifice the producers through government force, such as bans, taxes and other wealth distribution schemes, it is doubly immoral.
If anyone else did what the government does with our money, such as hand out corporate welfare, it would be called theft.
The companies protesting the travel ban and urging Trump to alter it (some are also joined the legal fight to have it canceled) deserve our praise and gratitude.
Businesspeople who produce material values are not the same as crooks who prey on gullible investors or customers or both, and produce nothing.
Preferring American-made products to those made in China or Mexico just because they were made in America, does not enhance American prosperity.
Fonda’s attack on the oil sands is inconsequential; Trudeau’s is evil.
iPhones would never have been created in a centrally planned economy where the government regulates the prices, from CEO pay to those of products.
While often criticizing government for curtailing our freedom instead of protecting it and businesspeople (or others) for failing to act ethically, I want to focus on the positive in my last post of the year.
The environmentalist and other activist leaders concentrate on reversing human progress and diminishing human well-being as much as possible.
Truly free trade can only take place in free markets, not in the prevailing mixed economies where governments pick favored trading partners
Clear moral principles, such as honesty, make the right—the self-interested, win-win—course of action so much easier.