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.
The egalitarian ideal of minimizing inequality of income and wealth, the nanny state is unjust because it penalizes those who are productive and entrepreneurial to reward those who are not.
Despite the increased use of fossil fuels, toxic pollution has already decreased significantly, and the availability of clean water has increased—thanks to human ingenuity and innovation.
True self-interest cannot involve cynical exploitation of others through initiation of physical force or fraud
To make selfishness, or self-interest, unpalatable and to promote altruism instead, the majority of philosophers misrepresent self-interest as a package-deal.
If the government subsidizes or operates newspapers, the important role of independent investigation and criticism of government actions—and the hope for changing the government—is lost.
A common exhortation heard today is: Set self-interest aside and act for the “common good.” Businesspeople in particular are accused of selfishness and are told (by media commentators, NGOs, and ethicists, among others) to serve the “common good.” This exhortation...
Most people in industrialized countries take the availability of such energy for granted: we turn on a switch, and the power is there, for heating, cooling, lighting, manufacturing, transportation, and for any other human purpose.
The feather in Mr. DiCaprio’s dunce cap is his hypocrisy over fossil fuels — without the energy provided by the fossil fuel companies, the Hollywood film industry could not exist, and DiCaprio could not have had the career and earned wealth he has.
How is it possible that business students—some of them with significant business experience—have never heard of the moral code of rational egoism?
While the use of reason is the fundamental requirement of business success, freedom—protected by individual rights—is its social requirement.
Free-market competition among the commercializing businesses makes genetic editing affordable and available to all.
If Zuckerberg truly wants to eliminate poverty and find cures for diseases, most of his money should be invested in profit-seeking businesses.
By creating the imaginary threat of man-made climate change, climate alarmists have given governments everywhere a justification to increase state control in our lives.
“Thoughts and prayers won’t stop the next attack. This war against civilization must be fought or lost.”
The incoming Liberal government’s statist ideology, reflected in its plans, has implications for our flourishing.
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