Business

Hedger vs. Teacher

Are Hedge Funds Worth More Than Kindergartens?

“The top 25 hedge fund managers made more than all the kindergarten teachers in the country,” declared President Obama in a discussion of poverty at Georgetown University. Calling them “society’s lottery winners,” he proposed to hike their taxes. Predictably, battle lines have been formed between two polarized sides. One side—let’s call them the Gauche for […]

Business as a Moral Endeavor

Business is moral because our lives and well-being depend on it, and businesspeople are heroes and moral creators who deserve, not our disdain and criticism, but our thanks.

Michelle Freeman’s “Night in the Box”

Business executive Michelle Freeman recently spent a night shivering in the cold with homeless teenagers. What “good” will that achieve when the teenagers can’t find work? What moves wealthy individuals to do “penance” for their wealth?

SEC Attacks SAC Capital

Insider trading is when someone trades with knowledge they have but which others do not. The question is whether this should be a crime.