Business

Will Trump’s “State Capitalism … a Hybrid Between Socialism and Capitalism” Make America Great Again?

To be clear, Trump is not pursuing traditional socialism, where the means of production are owned by the state. Nor is he trying to copy exactly China’s state capitalism—but he is applying its methods with what the Journal calls “American characteristics.”

Canada Nationalizes The Trans Mountain Oil Pipeline Expansion

Canada Nationalizes The Trans Mountain Oil Pipeline Expansion

Instead of enforcing the Constitution and using its authority against the British Columbia government and protesters initiating physical force against Kinder Morgan property and its employees, Trudeau stayed true to what he said prior to the last election: “Governments might grant permits, but only communities can grant permission.”

Wealth Creation is Not a Zero Sum Game

Wealth Creation is Not a Zero Sum Game

Those producing and trading goods and services for profit are not taking anything away from others—the producers and traders are creating material values that would not exist without their productivity.

Video: John Allison on Principled Leadership

Video: John Allison on Principled Leadership

On July 21, 2011, Wake Forest University Schools of Business Distinguished Professor of Practice John Allison address the Master of Arts in Management Class of 2012. The retired chairman and CEO of BB&T discussed Principled Leadership with the incoming class of business students.

Bernie Madoff: Lessons From an Ayn Rand Villain

Bernie Madoff: Lessons From an Ayn Rand Villain

Madoff was what Ayn Rand would call a second-hander: someone who tries to gain values by pleasing and manipulating others rather than thinking for himself based on observation of facts and supporting himself through productive work.

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