FedEx turned out to be much better than the U.S. Postal Service, teens ignore Hollywood and become rich and famous on YouTube, people skip hotels and find rooms via Airbnb and so on. Who knows what discoveries await if we don’t let tired old rules get in the way?
Resolute Forest Products’s CEO Richard Garneau is a business hero.
Hillary Clinton gave a speech warning that the new "sharing economy" of businesses such as the ride-hailing company Uber is "raising hard questions about workplace protections." Democrats hate what labor unions hate, and a taxi drivers' union hates Uber, too. Its NYC...
Uber is hugely successful, posing a threat (via competition) to New York city’s cab companies. The mayor and other members of the New York City government seek to protect those cab companies by throttling, impeding or otherwise undercutting Uber.
Why does it rule in business?
Nearly 10,000 people turned out to hear Bernie Sanders in Wisconsin. Why? Apparently, many Democrats want socialism.
The Exxon CEO is a rare exception, with the courage to defend his company’s moral right to pursue its own interest: profitable production of fossil fuels.
"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...
Pragmatism is widely considered a virtue in business, but it is in fact a perilous approach, antithetical to long-term profitability.
Obama’s stereotype of all rich people as being “born” into it (hence the lottery analogy) betrays not only willful ignorance, but an irrational hatred of production and success.
Why do most people criminalize wealth creation while others cheer and appreciate it?
Integrity is being trumped by pragmatism, both in business and in politics.
The problems startups have in raising capital caused by securities regulation.
Jobs come from government getting out of the way and letting employers produce goods and services.
Government intervention necessarily begets more intervention.
Is it ethical to fire employees who are on a leave?
Obama did not build Staples, nor any other profit-making company offering value to its customers and employees. Yet he’s the one with life-or-death control over all companies. His moralistic tone of “shame” shows how he really believes it.
If the Kochs’ views were the same as George Soros’, I don’t think anti-capitalists would not complain as much.
The notion that business should sacrifice its self-interest—profit—to some undefinable “collective good” is ludicrous.
There is a moral code that is consistent with long-term profitability of business.
The battle over minimum wage is raging. Emotions are running hot. Some cities are setting the bar very high. For example, Seattle is mandating a $15/hour wage. Economically, the issue is very simple. Minimum wage laws do not raise anyone’s wage. This is because it’s...
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.
By appeasing the protestors, the first moral principles the Sainsbury’s manager conceded was the right to liberty.
To argue that foreign takeovers of Canadian companies are of “no net benefit” is nonsensical.
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