Are there right answers in ethics?

Ethics education is blossoming in business schools (see Financial Post article here). Yet, the scandals don’t seem to go away: corruption at SNC-Lavalin, government interference in mortgage finance and banking that led to the 2008 financial crisis, new fraudulent...

Racial Trade-offs: Part II

I can’t imagine what black politicians and civil rights groups are getting that’s worth condemning black youths to a high rate of unemployment and its devastating effects on upward economic mobility, but then again, I’m not a politician.

A Return to Keynes?

Under Calvin Coolidge, the ultimate in non-interventionist government, the annual unemployment rate got down to 1.8 percent. How does the track record of Keynesian intervention compare to that?

Debt Ceiling Delusions

The popular take on the current debt ceiling stand-off is that the Tea Party wing of the Republican Party has a delusional belief that it can hit the brakes on new debt creation without bringing on an economic catastrophe. While Republicans are indeed kidding...

Racial Trade-offs

Trade-offs apply to our economic lives, as well as our political lives. That means getting more of one thing requires giving up something else. Let’s look at some examples. Black congressmen and black public officials in general, including Barack Obama, always...

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