There is no virtue in restraining the pursuit of profit: profit maximization is moral.
Taxing corporate income doesn’t benefit but hurts workers while discouraging investment.
To fully achieve flourishing, the Vietnamese need not only economic but political freedom.
No matter what the management troubles at Uber, it must be defended against any government tax grab or regulation potentially suffocating the company.
The narrative of ‘the monopolist jacking up prices to exploit its customers’ only applies to government-granted monopolies, such as the postal service or many utilities.
We have nothing to fear from capitalism and much to gain: the win-win situation of free trade with others, with flourishing for all, according to ability, effort and productivity.
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.